Forget Elliot Wave Theory for a minute, think only pivot points.

I call buying S5 and selling R5 as the ultimate buy and sell zones. It sounds
too easy. n Lets examine4 trades, easily spotted.

1. BUY May 22 2024, below S5-S6

2. SELL July 11 2024 R5

3. BUY August 05 2024 S5

4. Sell August 22, R3.5

5 BUY S5 , August 28

6. September 03-04 2024..
SELL R5?

to be continued.. inside this Idea look for total points gained, and EWT wave counts
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PROFITS:

POINTS up from the first buy S5. 426-503 77 QQQ points

POINTS down from #2 sell at R5 503-425 77 points

POINTS up from S5, 425 to August 22 R4 485. 65 points

POINTS down, R5 485 to August 28 465 S5 20 points. ( bottom of wave 4 down )

POINTS UP from August 28 to September theoretical R5. 22 points

261 QQQ points
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gyazo.com/fda4ed905c89fde0dfc12909f4e06729. disallowed losses, represents money moved out of the account.
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gyazo.com/fda4ed905c89fde0dfc12909f4e06729. ERASE THE DOT, PERIOD, AT THE END... GYZAO WON'T WORK WITH THE PERIOD.
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hand drawn EWT wave count matched to EWT SW, we are climbing wave 5 up today as stated, someone said he thought we'd go up this week, i can see this taking longer than i first thought, I was thinking about the past when we had giant daily movements.
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If you doubt EWT take note of the two numbers, and watch how close we get to both the top of wave 5 and probably R5 in pivots.

side bets? kidding

Beyond Technical AnalysisHarmonic PatternsTrend Analysis

Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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