I'm going through my previous posts and reevaluating my wave counts now that SPY is showing to be out of an ABC correction. I am changing my thesis on SMCI to have nearly completed Wave 4 up and we can expect a final Wave 5 down.
Wave 5 PT 461-380
Wave 5 PT 461-380
註釋
If we completed MINOR wave 3, look for a move down to 601-604 for 0.382 retracement of MINOR wave 3, then a move to 663-676 for MINOR wave 5 before going short. A move below 593 would indicate larger wave 5 down has begun.註釋
Wave 5 UpdatePT 478
I believe Wave 5 up in the SPY may bring us to gap fill of 564 which would translate to a larger wave up for SMCI
註釋
SMCI shows weekly target of 465註釋
I will be moving future posts to my Patreon page patreon.com/FiboTrader1Best of luck the rest of the week!
We are heading down within the next 3 trading days
註釋
SMCI is going into Major wave 4. Target - 640
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