Skip to content
  • Home
  • US Market Updates
  • Indicators
    • Impulse Master
    • Cycle Trader
    • GANN Levels
    • Subscribe
  • Education
    • Beginners Video Course
    • Intermediate Video Course
      • Syllabus of the Course
    • Trading Like A Pro Video Course
    • Video Lesson of the Week
  • Chat Room
  • Pricing
  • FAQ
  • Home
  • US Market Updates
  • Indicators
    • Impulse Master
    • Cycle Trader
    • GANN Levels
    • Subscribe
  • Education
    • Beginners Video Course
    • Intermediate Video Course
      • Syllabus of the Course
    • Trading Like A Pro Video Course
    • Video Lesson of the Week
  • Chat Room
  • Pricing
  • FAQ
  • My Account
  • Login

Subscription: Access to Micro Counts of US indices

SPX - a perfect textbook LONG setup

This is how a perfect textbook LONG pattern should look like.
 
Ingredient 1. You have a strong rally in wave ( iii ) up ( topped at 2,954.13 on 1 May 2019.
Ingredient 2. Off the top you have (a)-(b)-(c) down structure in wave ( iv ) down.
Ingredient 3. wave ( iv ) down retraces 44.1% of a rally in wave ( iii ) up.
Ingredient 4. Wave ( c ) of ( iv ) = 100%, 123.6%, 114.6% or 105.4% of subwave ( c ) of ( iv ).
In this case it is 105.4%.
 
Cut this out and post it on the wall. You can feed your family from this setup. Only this one. Because that is the most reliable setup I know.
 
We have a LONG setup for a rally in wave ( a ) of ( v) that should target 2,900 – 2,950 in wave ( a) of ( v ).

SPX 45 min chart updated at 8:48 PM on 6/3/2019

Disclaimer

Previous posts:

No posts found.
© 2025 CastAway Trader • Built with GeneratePress