It appears that we are finishing subwave 5 of subwave 1 of wave 3.
Yes, you read that right. Let me say it one more time.
We are finishing subwave 5, of subwave 1, of wave 3 upward. This means we would enter a subwave 2 down that could bring us to a potential entry point around 10,100. I'd recommend setting a stop loss at your comfort level. .768 retrace would be around 9600 and we should not retrace that much so that could serve as a solid stop loss. If counts are right, after entry we would enter subwave 3 of wave 3 which should be long and strong!
All views are opinions of the poster and should not be taken as financial advice.
Yes, you read that right. Let me say it one more time.
We are finishing subwave 5, of subwave 1, of wave 3 upward. This means we would enter a subwave 2 down that could bring us to a potential entry point around 10,100. I'd recommend setting a stop loss at your comfort level. .768 retrace would be around 9600 and we should not retrace that much so that could serve as a solid stop loss. If counts are right, after entry we would enter subwave 3 of wave 3 which should be long and strong!
All views are opinions of the poster and should not be taken as financial advice.