With the price action that we've seen so far since the open, I am tentatively leaning toward wave 3 of iii being complete and price now pulling back in wave 4 of iii. If that is the case, then the pre-market low at 2907 needs to be taken out, after which 2901 - 2890 becomes the target support below.
Here is an End of the Year THANK YOU, Avi and EWT staff! I joined EWT this year in April, and was really despondent in how my retirement plans and trading account had been performing. I have been trading commodities and stocks for 30 years, and could never keep what I would make in the market. Never. Always gave it all back, and then some. The desire of my heart was to trade for a living, and finally, after 30 years, I can see this as a possibility! I switched to a self-directed 401K at work, and started trading a personal account with you all in April. My accounts are up 320% since April thanks to you! Until then, I was looking at possibly not being able to retire for a long time, but not now. I never knew when to get out of a position. I was always wrong. If I hung on it went down. If I closed out the position, it went up. I was ALWAYS wrong...so frustrated. I owe my success all to you, Avi, and EWT, and the EWT members. SO from the bottom of my heart...THANKS so much. I really appreciate you all!! I have tears of happiness because of you all. HAPPY NEW YEAR, and happy trading in 2021. I am really looking forward to it, for once!""Wheat" - Trading Room" - 2020-12-30
What I love about EW is you know when things go wrong and you know when to get out of a position at minimal damage...it has helped so much in my RR work""Kenneth_Aydt" - Trading Room" - 2019-10-03
The relief of EWT philosophy on investing has been such a gift (besides being extremely profitable) that I have to say this is the most enjoyable service offered anywhere on the internet and probably the best investment I have ever made. Thanks Avi.""Talapus" - Trading Room" - 2020-01-27
Avi et al, this site is amazing! I have been dabbling in trading for several years and recently discovered EWT. With your help (including the great support staff) and all the patrons, my success rate has improved tremendously. I am a conservative trader and rarely more than 60% invested but this year with EWT's help I have increased my trading account by 164% YTD. I am humbled and very grateful for all the members that freely share their insights with the goal of helping others. Thank you all.""tom99577" - Trading Room" - 2020-12-17
“Lyn Alden [is] by far the top emerging macro analyst from 2020. Incredible addition to the EWT team.""UKTR" - Twitter" - 2021-01-13
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I have been investing and trading for 25 years and you guys are 'the best' I have ever seen. Great methodologies and great people using them!""saminvests" - Trading Room" - 2021-01-07
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After this week's action and watching how Avi & company nailed the piss out of so many moves, you can't argue with me anymore about the efficacy of EW. . . Just amazing to have a methodology that works so well PLUS the guidance from Avi.""Bcindc"" - Seeking Alpha 2020-03-09
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