Both the blue and orange harmonics are in current formation
What is concerning is that point D of the orange harmnic cld be hit first if it constinues up and the blue harmonic wld remain intact, before SPX then dropped to hit D of the blue harmonic.
I really dont want point D of the orange harmonic getting hit/going as high as that :( That wld obviously imply a similar pattern for dow etc, bleeeurgh.....
has quite a few nearish upper gaps to fill so you may be good for a v ST long but what concerns me is if APPl goes up will it be enough to affect NQ and take that w it meaning SPX wld do likewise.....:(
Fair enough; you're obviously a heck of a lot more sensible than me. Im at the point I want out of it....the more I study it the less I understand what it's planning on doing for the past 2 days.....!
It also filled the gap today by hitting 340-ish from Sun eve's open....
Thanks re indices....they've overshot and hope this simply means a heavier fall wehn the rug does get pulled....wont add or touch what I have and leave nw for it to take course....
When you say a limit sell do you mean an order for a sell? A limit wld be where you want it to close (when in profit) or am I misreading it?:)ie IG I give limit and stop....
It went slightly higher and above my 3xx level for adding so yes I added, but only tiny amount...dont want to get caught out as tmrw it cld be up 400+!
Did you short or are you not trading it but just watching it??