Elliott Wave 5.0 "Reboot"

Monday, April 11, 2016

Mini DJIA Intraday Review



The markets came back hard  just short of breaking the impulse, I have been working on.  Any higher  than what I have would kill the impulse, but actually create the impulse going up.  In other words a 4th wave may have completed on the 7th of April and we are heading to another higher high. 

This may take until mid week before it becomes clear. When markets are in such a situation where they can go up or down, then the intraday movements will always get trashed.  It is impossible to post in time, where anybody can take advantage of it because it takes days for any amount of readers to notice. 

For good trade setups to work all interested parties would have to get the message at exactly the same time. A Twitter post may do it, but otherwise short term trade setups are a complete waste of time.