Hello friends.
This is our primary expectation for the ES at the moment. The wave count looks nice and bullish, and the fair value has been consistently in a rising trend, which normally leads to higher prices.
Our exact position is October 30th calls at a strike of $433 on the SPY, because we expect quite a strong move upwards that should terminate around this time. We will close this trade if the fair value starts to drop substantially, but otherwise we are keeping it open.
It's amazing how accurately I have been able to forecast the ES just based on what the fair value is doing combined with my discretionary intuition through the lens of wave theory. All of you should be taking notes, as this is a working strategy, unlike what almost everyone on here is doing.
This is our primary expectation for the ES at the moment. The wave count looks nice and bullish, and the fair value has been consistently in a rising trend, which normally leads to higher prices.
Our exact position is October 30th calls at a strike of $433 on the SPY, because we expect quite a strong move upwards that should terminate around this time. We will close this trade if the fair value starts to drop substantially, but otherwise we are keeping it open.
It's amazing how accurately I have been able to forecast the ES just based on what the fair value is doing combined with my discretionary intuition through the lens of wave theory. All of you should be taking notes, as this is a working strategy, unlike what almost everyone on here is doing.