Tuesday, April 23, 2024

Morning Post 04/23/2024 SPX

Good v evil 

On to the lie - 

Minis up again. Two scenarios. 

Remember when I count it’s only in 5s and 3s and vert short combinations. I don’t use hindsight and magic tricks to make my counts work either. Got that out of the way. Counting doesn’t always work, so we consider it. The form trying to count here is terrible. To keep this story short, a 5,3,5 would be what I’d look for here. We’re in the 3. 

Second, they really don’t want the 20/50dma bear cross so look for the whipsaw. 

Put the two together - whipsaw with the 3 to save the bear cross, then eyes open to see if another large leg down is to come. 

More to come below. 

Have a good day. 

GL and GB! 

No comments:

Post a Comment

Keep it civil and respectful to others.