Short Term Trading Member Forum

[Kaarv]

JWG, do you use cycles in your trading? I have no knowledge of this what so ever. From a wave perspective, the count is ugly if we have just completed 1 down. What I mean by that is that the formation itself is difficult to label and therefore that makes me wonder just how valid it is. I think the true nature of the formation will be much clearer in the next few days upon the next retrace/decline. I appears as thought we will gap up in some sort of iii of 3 and there is a good chance that we 'top' today. Will this end up being 4 with 5 to arrive by 27/7-30/7 cycle bottom as Mr Cash pointed out and Bradley turn date?/ Interesting times for sure.