Member Update 10/24

*disclaimer: Not financial advice. This is my personal trade plan only. I am not qualified or licensed to advise anyone on their specific positions or trades, I am sharing my personal opinions only. Never make financial decisions based on any information on this site or any associated platforms. Always consult a professional for investment related advice and do your due diligence*

Overview:

The counts have not changed since last night’s update. It now appears that we are beginning the pullbacks across $ES $NQ $RTY and their structures must be watched carefully to confirm/disconfirm the counts. Rather than simply reposting the same counts, I have attached the lower time frame views of how the corrective sequence *might* unfold. It is still far too early to determine structure with any confidence, so note that these structures are speculative and awaiting confirmation.

$ES (View)

$NQ (View)

$RTY (View)

$ARKK (View)

$BTC (View)

Setups:

$GM Long (View)

  • Setup: 3,4-1,2
  • Confluence: Flag backtest
  • Trigger: 2H Reversal from fib zone
  • Conditions: Corrective structure into zone

$NIO Long (View)

Setup: w4 Buy
Confluence: Fib confluence
Trigger: 1H Reversal from fib zone OR break of 39.59
Conditions: Reversal requires a break of w3 low

$NK_F Short (View)

Setup: 1,2-1,2 down
Confluence: Supply + Fib confluence
Trigger: 1H Reversal from zone
Conditions: Must reach supply zone before breaching w1 lows

$STEM Long (View)

Setup: 1,2-1,2
Confluence: RSI divergence (daily)
Trigger: 1D reversal from fib zone
Conditions: Must complete c of (y) below 20.53

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