Ewj: elliott wave

Looking at the background price and Vol picture can give clues on Dynamic price points and if there is anything like defender bars just underneath...

Note the 3 supply points ( ie selling red arrows) & the defender price bar @ 1350-1345.5
 

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Next Stop should be 12800, 1380, 2400 by double measured move. Wave i should not be invaded to make this count valid.
.2:c= 11732.0098 1256.98 2155.4199
.3:1= 12460.8799 1341.51 2280.8999
.3:2= 12097.0596 1295.34 2208.1201
.3:3?= 12825.9297 1379.87 2333.6001
.3:3iii.iv= 12306.2002 1323.41 2245.76
.3:3.iii.v= 12621.9102 1359.56 2336.7
.3:3.iv= 12528.6104 1347.55 2318.5
.3:3.v?= 12844.3204 1383.7 2409.44

Status.
Short "Long position" closed at the supposed fifth wave, near +300, +30, +60 when there was a lower low. Short "Short position" opened as said at the fifth subwave of fifth wave.
Strategy.
Reverse short "Short position" when there is a higher high.
Close long positions at the Bull Trap target. Consider open some short positions there.
 

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Its sloppy on the ES but there is a hint of supply at the 88.6% which could mean a B wave.....Depends on what the Bots want to do...

15min ES
 

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Thanks, Mup. :D
Mu.

Status.
Short "Short position" closed at measured move as said. Short "Long position" entered at the "W" pattern confirmation.(Reverse sHs pattern in the Dow).
Now hold long positions.
Strategy.
Reverse short term position if DOWN. Hold to yesterday target if UP.
 

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