I just combined both EW and PA for forecasting SPX index.
both are reflecting price and emotions of bulls and bears(price action traders always look for opportunity to trade in either way)
But Elliotticians will trade in the main direction of the trend(down) .
Since trading in options(buying), is a premium game(theta erosion),better to enter on 9th march
both are reflecting price and emotions of bulls and bears(price action traders always look for opportunity to trade in either way)
But Elliotticians will trade in the main direction of the trend(down) .
Since trading in options(buying), is a premium game(theta erosion),better to enter on 9th march
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based on futures market, bears took the advantage of rejection @4416Note
Note
LONG FOR 2 DAYSTrade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.