csmottola71

US100 15 min update.

CAPITALCOM:US100   US 100
No material change to the previous wave count, just an extended 3 of X. As noted @ the bottom of the chart, the Flat pattern is developing. I expect a sharp reversal soon. @15050 (ish) the 3rd wave extended 2x wave 1. Expect an extended 5 to follow the wave 4 correction.
Trade active:
Wave 4 developed into a flat (unexpected) and wave 5 expanded (ing)wave C of B has extended to 1.382 of A.
Trade closed: stop reached

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