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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.
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.
MTU whats you EW count on MSFT ?
ReplyDeleteAMZN topping vibrations look complete to me.
I don't trade them but I do watch the patterns.
Cant trade everything.
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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