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A wave 5 that surpasses Friday high? Will it be a Bull Trap again?:confused: Prepare to enter short "Short position" at the end of wave 5 just above Friday high.:eek: Set target for 70, 7, 14 points retracement and set stop at the last high.

Is it time to re-enter short position? Double top versus 1-2-3-4-. Will there be a 5 that will surpass Friday high?:confused:

Is it time to re-enter short position? Double top versus 1-2-3-4. Will there be a 5 to surpass Friday high?

Scenario 2. Subminuette 4)c.5:1iii is ending. The Market rebounds as Subminuette 4)c.5:1iv then fall as Subminuette 4)c.5:1v. Strategy 2. Open long position for a target of 60, 10, 20 points. Prepare to re-enter short "Short position".

Status. Hold long "Short position". Short "Short position" closed when measured move was reached the second time. Scenario 1. The Market rebounds as Minute 5)1.3 Strategy 2. Open long position. Prepare to close long "Short position".

The Elliott Wave counts and TA still have some merit as the charts show.:cool: Will the Market go down to the level of left shoulder to form the right shoulder of a future reversed sHs pattern? :confused:

Subminuette 4)c.5:3iv ended? :confused: Wait for wave count to complete. SPX chart.

Going down as Subminuette 4)c.5:3v? Wait for measured move to close short "Short position".

Target reached. Wait for higher high.

Status: Hold Short positions. Scenario 1. Up Strategy 1. Cover short. Scenario 2. Down. Strategy 2. Cover short "Short position" at measured move.

Reverse position for the last time today. Lower trendline broken.

At the lower ED trendling now. :eek: sHs in the Dow chart.

Another classic Bull Trap? :confused: :mad:

Short position closed. Long position entered. Set stop at the last low or the lower ED trendline. Set target at measured move above yesterday high. Plan to quit for today if stop out again.

At the upper trendline now. Prepare to reverse position if broken. Thanks Mup. This is the last trade for today. Quit if stop out again. Mu.

Prepare to close short position and enter long position when reversed Head and Shoulders neckline is broken. Edit: Diagonal Triangle wave c versus reversed Head and Shoulders pattern. Wait until upper trendline of the ED is broken.

Head and Shoulders versus reversed Head and Shoulders. Short position re-entered. Set stop at the last high. Same target.

Stop out wait and see.

Enter short position again. Set stop at the last high. Set target at measured move from yesterday high. (I think I'm doing a great disservice to Elliott Wave Principle lately. :() (I'm on the wrong side of the Market most of the time.)

Stop out. Wait and see.