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S&P 500
5,470.45
(
0.02%
)
US TECH 100
19,218.00
(
0.22%
)
Dow Jones
39,139.34
(
0.07%
)
Brent Oil
84.42
(
0.27%
)
Bitcoin
61,395.07
(
-0.67%
)
Post# of 46542
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algol

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algol

Re: algol post# 41691

Friday, 01/26/2018 3:22:55 PM

Friday, January 26, 2018 3:22:55 PM

Post# of 46542
Gotta love the 5th waves! My original price target was too low. 5-5-1 was 25 points. If 5-5-3 = 1.618 the length of 5-5-1, then we are looking for some 40 points advance of this 3rd subwave, which began at 2850. So, do the math folks. As always, MHO. I will be selling my calls at 2890 when we get there. So far no sign of weakness on the 60-min chart since the 3rd subwave began.
Have a great weekend everyone!
Algol.
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