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Closed below lower TL. EW count is locked. And loaded. :)

Welp $SPX daily level I had was breached and closed below locking in Elliott Wave count to the downside and tomorrow being Friday I wouldn't be surprised if things don't accelerate once again down not wanting to wait to hear from JayP next week.

The thing about Elliott Waves (or any TA technique) is you need to have a chart price that confirms or rejects your current viewpoint. Who knows what the bold trendlines @ 4128.73 and 3911.74 represent, besides what I mentioned above confirmation/rejection?

They treat traders like children there. "Play nice". lol

CL another volatile day down near $84.50, good for all of us not long. And HU Unleaded $2.40/gallon

10yr yield near HOD putting pressure on equities.

Went short NQ @ 12207.25 and got out waaay too soon @ 12199.50 lol

IMO we don't even have to wait for June lows. Take out last week's low, on a closing basis, is good enough. EWave count is confirmed then.

A comedian no less " ........ and the easy genius of John Maynard Keynes."

Another one from (Bloomberg) 2) I continue to be astonished by the degree to which everything feels like the precise opposite of the post-GFC environment. When the Fed was mostly concerned about fighting recession, "buy the dip" became the mantra. Now that the Fed is in inflation fighting...

I was watching Bloomberg TV at the time, as well as my screens across the room, and price definitely started crashing before their Washington reporter started talking and they displayed the number. Move in advance started I'd say between 10-15 seconds. I was like huh!!

Seems no worry about rail strike adding to economic headaches. (Bloomberg) Tentative pact US railroad companies and unions representing more than 100,000 workers reached a tentative agreement, the government said. The breakthrough looks to avert a labor disruption that risked adding...

Might be nothing but keep this in mind (no not Amtrak silly, but BNSF, Union Pacific etc the long haul freight carriers):- https://www.cbsnews.com/news/amtrak-cancels-all-long-distance-routes-railroad-strike/ Amtrak cancels all long-distance routes amid looming rail strike Amtrak said it is...

My trading horizon covers the time between 600pm ET and 500pm ET each trading day cycle and although I don't pay much attention to the Dow I do note it closed lower yesterday 1276 points and up today 30. Is that bullish?

I think it was the Stop the Steal folks myself upset with DWACko down in the dumper.

Sentiment ebbs and flows. So many get their panties in a bunch that "everyone :confused: is bullish/bearish/undecided" lol.

You don't have to listen to them. Unfollow the topic. We'll be fine without ya.

Beats me other than googling company news or checking their corp website.

Really.

Got short signal 2 minutes ago.