Loading ...pedro_deleon’s yesterday’s call
“Looks like we started c down of that something down late today.”
That was spot on to the tick! Good call!
Next time, before I start buying protective puts, I will rather wait on you. 😉 Beside, my handle should be “too_early” since I’m always too early…
Stopped clock correct this time? LOL.
I posted an update on this a dozen posts down with a fresh chart from ET.
I have IT S at 4750. Not clear how much further we go in this c wave.
Now in iv of c. Just v of c remains, unless the 3rd wave is subdividing.
Then we have two 4,5s left to go.
I don’t trade at this LTF.
But its CRITICAL to my trading to get a read on “You Are Here” charting. That matters when it comes to position sizing on the NEXT trade.
So a corrective abc decline here says load up short on the next bear doorstep.
I still expect more highs, even after that next bigger decline. If my bigger read is right.
Good call alsoon Natural Gas a month ago or so. Thanks for your posts.
Still watching that one, carefully.
That may be the early read on 2024 election too, like a betting site.
I have local topping alerts here on UNG, after a weak corrective ‘bounce’.
ET on this 4th wave: “Go easy, a triangle or flat may be possible here. The triangle would be a shade better for alternation (and might better fit the low volume).”
Triangle would burn time and not go far.
You go pedro. You’re finally getting the attentive posters you deserve
🙂