Please refer to previous NDX analysis. Expanding triangle 5 th waves can expand, and usually do, into 7 overlapping subwaves. I'm shorting here. Pray for me ))
Trade ist aktiv:
@ 14790 i'm closing some positions. Primary target @ 14480 (more or less). Cash and futures have different wave counts. Cash completed a 5 wave count in september whilst futures (and CFD which is what I trade) are in a wave 4). This is possible because of after hours and night trading hours where futures can do a new high only to revert before opening allowing for a 5 wave count on futures and a corrective B on the cash market.
Trade ist aktiv:
I'll post the above wave counts later. Busy counting my money now )))
Trade geschlossen: Stop wurde erreicht:
Damn it. Stops kicked in @ 14925. Currently I believe we're in a corrective faze: either a wave 2 or a C. I'll post shortly.
