Member’s Video for Wednesday, April 5th, 2018

Massive reversal from C-wave lows of the larger on-going triangle. Our QQQ put spreads and MSFT butterfly kicked into gear today. Last day in Florida also discussion about the MotiveWave repository.

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3 Comments

  1. Thomas Schwing
    Thomas Schwing on April 5, 2018 at 7:36 am

    So yesterday was an interesting day. At the start i was down $1000. Usually i would panic and start selling and take the loses. This time i remained calm because i knew what our market analysis was based on the wave counts and this was just noise caused by DC. I stayed the course even bought some apple seeing it was at support and i rallied to be up $400. I would not have been so calm if it wasnt for watching your daily videos and unsderstanding the market context. I tried your service before but thought there was an easier way to to do this. I was wrong. Understanding the market relative to the wave count is powerful and calming.

    thanks tom

    Reply
  2. Kevin Tharp
    Kevin Tharp on April 5, 2018 at 4:22 pm

    Todd, Any thoughts on the markets inability to break above the SPX high from 3/27 today(the actual 4/5)? It looks like it tried a couple of times, but failed too.

    Thanks,
    Kevin

    Reply
  3. Carlos Angel
    Carlos Angel on April 5, 2018 at 4:49 pm

    Todd,

    Could you please tell us what you think of small caps?

    Thanks

    Reply

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