Saturday, November 27, 2021

MTU Weekend Ed. - Failure or Pullback (11/26 close)

A high is possible if we had a wave five failure (green "(5)?").  There is no confirmation yet with a three-wave decline from the point of failure so far. 

An expanded flat-like wave B (blue) or wave Two (red) pullback looks more probable.  



2 comments:

  1. MTU whats you EW count on MSFT ?
    AMZN topping vibrations look complete to me.

    I don't trade them but I do watch the patterns.
    Cant trade everything.

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    Replies
    1. Three waves (abc or 123) from its 2020 low is likely complete, conditional on Feb-Jun 2021 being an expanded-flat-like structure, otherwise another small-degree high.

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