Ewj: elliott wave

Just watch this bottom right here, that will determine the direction for next week.
It proved it self this morning how powerful it is by holding price above this area.

This where secondary trend line and OHLC, a top from a few days ago, custer on the chart.

Trendline is a gann assessment, which is very hard to explain. It is a base line used to signal bounce or correction!

Not getting into it right now, trading!
 
Quote from TRAS:

Just watch this bottom right here, that will determine the direction for next week.
It proved it self this morning how powerful it is by holding price above this area.

This where secondary trend line and OHLC, a top from a few days ago, custer on the chart.

Trendline is a gann assessment, which is very hard to explain. It is a base line used to signal bounce or correction!

Not getting into it right now, trading!

80% of what you said doesn't make any sense.
 
I'm not a teacher.............I trade for a Living! Cluster are all point coming together at one time, you have to study this to understand.
 
Quote from athlonmank8:

Took some profits today.

Questino: So everyone's consensus is that this was a corrective wave right?


Well looking for more while Dow is still green. Added a couple puts. Gonna target the 26% and keep it simple. HOD today is the stop.

(at least i'm jumping out with a shoot on)
 
Maybe a bounce one more time in this area.................have a buy signal. Need to set a bottom in place first! To confirm!
 
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