NQ - 4 Hour / for Monday / Wedging

2022년 1월 29일

2B in the 3/3 Corrective Move is a complete whipsaw.

It has broken the RT Support Rules 4 times without
making a closing high above 14640. It has held the
Lows.

I no longer trust the validity of this Setup.

________________________________________________


This is WHY the Count Structure moves to 5/5,

We are setting up a very violent Reversal, of that there
appears to be a Higher Probability.

As always, the Entry will be from Where.

________________________________________________


The Range expands from the Lows 13K region to 14.6 K
until we break above 14.6 on a closing Basis to reverse
the Count.

I believe we make a 5/5 completion soon. Friday was not
not encouraging as it was another Low PArticipaction affair
with Low Volens and Sellers in full control.

The Algos did what they do, ran the entire Range in a manic
manner - they ran the Wedge perfectly.

_________________________________________________


This formation will continue to consolidate within the Wedge
until it snaps very hard.