This is so true. I have learned to be patient with it. Nothing goes down or up straight. I see so many people in forums saying buy now buy now just to burn others. Happens all the time. I think we will see lower lows now. if more exchanges decide to shut down in china it will add to the lows.
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How low can you go?
How low can you go?
How low can you go?
How low can you go?
Haha. Maybe $3000... Maybe lower. The larger degree wave count is not invalidated unless we drop below $1850, so we've got plenty of room. I'm not saying prices will go there, but it wouldn't invalidate our picture of the market.
Great. Thanks for the info!
I've seen that too.
I couldn't agree more on patience. That is one great thing about Elliott Wave... it gets you in the habit of anticipating the next move instead of chasing the current one.