We had a bearish setup on the ES 120-minute chart (live on our Zoom) that started yesterday and is meeting all 3 targets today for an over 70-point decline.
We also had a bearish setup in crude (CLN24) yesterday that met all 3 targets today for an over 3.5-point decline.
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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
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