Tonight's Homework for the Hot Corner Wolf-pack...
Re-Read THIS: Bull Trap explanation and chart progression:
Then look at Today's SPX chart....
Now...you may not realize it....but the NEXT time this SETUP unfolds...you don't even need me! you can do it all on your own!
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I’m convinced, EW theory is THE best way to approach markets for investing/trading. Whether you’re scalping micro moves, day trading swing trading or long term investing, EW always has you covered. Most people have a lens or a way they view the market but how consistent over time is it? For myself I like fractals and have made life changing trades off them. But as my trading days add up [and] the value of EW becomes clearer, especially when coupled with fib #s, I have to give credit to you Avi for this!"bullhammer" - Trading Room
