Potential breakout? The drop from segment BC seems to be greater in magnitude than segment 0A. I'll wait for a fractal on the 5 min before seeking entry for calls. Some of you want me to start stating what the pattern is called so here's to that. The pattern on SBAC is called a Running flat Elliott correction wave. Running flats always have two trend lines pointing up. Once again no indicators. In my trading group we like to understand the behaviour of the market through finance, economics, fractals, Elliott wave theory and inter market analysis.
May the market forces be with you and see you on the moon!
May the market forces be with you and see you on the moon!
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