While nothing is locked in stone in the ES 4-hr chart, the recent waves have been exceptionally difficult to decode.
The upward diagonal could be over because of the overlaps, and there could be a Flat wave in progress as shown.
Have a good start to the evening,
TraderJoe
SPY 5-min: opening gap filled and lower low. TJ.
ReplyDeleteThanks Tj. Deal with China seems big seeing overnight es.
ReplyDeleteOne Expanding diagonal is invalidated with this move. Bigger ones, and the triangle, are now in focus. I'm sure there are more.
ReplyDeleteMy it is quiet around here! Where's everyone? The series gaps seem to have presaged the bullish run but will it last? News driven price action rarely does....
ReplyDeleteMy it is quiet! Where is everyone? 😊
ReplyDeleteim here
DeleteAt the top of your B/2 here, great call
ReplyDeletehttps://studyofcycles.blogspot.com/2025/04/spy-local-count.html
Thx. TJ.
DeleteSorry I had a travel day today and couldn't work much on the blog earlier. A new post is started for the next day. Have an excellent start to the evening. TJ.
ReplyDelete