The green represents possible paths if we are in Primary wave 2 up. The red represents possible paths if we are in Primary wave 1 and are headed to test the last low or bust through it. Also its possible we bounce around this area a bit before we choose a direction.
This is probably the only time we are going to see a market like this in our lifetime. So lets make the best of the opportunity. I am going to concentrate on mainly trading the S&P 500 index using Elliott Waves and other TA. I will mainly be using puts and calls on SPY, but at times will trade SDS and SSO also. Do your own due diligence of course. Do not take any of my commentary and technical analysis as recommendations to purchase stocks or options. I do not currently trade the E-minis.
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