I think this is what will transpire throughout the coming weeks. I have my positions ready lets see how this plays out.
Before my previous elliot wave theory didn't take into the account that wave 4 finished and five couldve been a very short drop. Now we are in a possible ABC correction. if monday we go up more or drop down to 266 and stablize then most likely this is a ABC correction and i will add to my positions.
Before my previous elliot wave theory didn't take into the account that wave 4 finished and five couldve been a very short drop. Now we are in a possible ABC correction. if monday we go up more or drop down to 266 and stablize then most likely this is a ABC correction and i will add to my positions.
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B correction complete, C has begun SPY 300 4/17