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Prepare to reverse position.

Prepare to reverse position.

Long position closed. Short position opened. Set target at half the rebound. Set stop at the last high.

Prepare to close long position and open short position.

Mup got the top this time at 1521.79. Bravo! :D

Error.

With more than millions previous data points and lots of supercomputers can anyone predict the hour that High and Low will occur tomorrow? :cool: I will be very grateful if you give me the equations. :D If not just tell me whether the High and the Low will occur in the morning or in the...

If in a downtrend, negative change in High and Low is always follow by negative change", a newbie will be a millionaire within one year by buying at the Low of the day and selling at the High of the day which are somewhat lower than the High and the Low of the previous day. :cool: Is there any...

Chart for scenario 2.

Set target of the rebound at Subminuette 4)c.3:1ii =13556.0801, 1496.0699, 2688.22 to enter short "Short position". Keep the long "Long position".

The decades old adage, "Buy on rumor, sell on good news", still causes a profitable "Biased Randomness". Why? :confused: The adage is old but the Market participants are new.:cool:

Scenario 2. Minute 4)c.2 had ended. All time high=14198.0996, 1576.09, 2861.51 End of 4)c.1=12724.8203, 1406.23, 2539.8101 Minute 4)c.1 length=1473.2793, 169.86, 321.6999 End of 4)c.2=13776.8604, 1523.5699, 2733.99 Minute 4)c.3 will be equal to Minute 4)c.1 and will end at End of...

Status. Short position stop out and re-entered after Infrawave :v of Microwave .v of Subminuette v of Minuette 5)1.3:1 had been counted around 2:15 PM EST when there was a lower low. Short "Short position" closed at close. Long position entered. Set stop at the last low. Scenario 1. Minuette...

Thanks, Dave (Marketsurfer) for the important points of the NEo(Elliott) Wave Theory. Mu.

Long position closed. Short position opened. Set stop at the last high.

Nov 30-Dec 3-Dec 4 correction = wave "b", Dec 7 correction = wave "d", of the ascending wedge or ending diagonal triangle. So the supposed wave "b" and wave "d" may be waves of different degree.

Status. Hold long position. Scenario 1. As Friday scenario 1. Scenario 1 target= 13978.1396, 1543.3699, 2770.26 Dec 10 Close= 13727.0303, 1515.96, 2719.4299 Points to target= 251.1093, 27.4099, 50.8301 This is about three waves of (150, 15, 30) - (50, 5, 10) + (150, 15, 30). Strategy 1...

elovemer, Wave d is too small. It should be 50% or more of wave b. But I think of this count too. Mu.

Short position closed. Long position opened. Set target as Friday scenario 1. Friday sideways wave may be Minuette 5)1.3:2 and today wave may be Minuette 5)1.3:3 and now Subminuette 5)1.3:3iii is going to surpass today high.

Rob I agree that there may be wave 5 if this is Intermediate 5). But if this is Minute 4)c.2, there may not be another wave 5. Mu.