On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.
Trickiest Wave: (1) W-4 is to kill time & shake off both bulls and bears, whereas B-wave, according to EW Principle, "are phonies, sucker plays, speculators' paradise." (2) well, most likely SPX is at w(b) of W-4--so, you do the math. (3) it would be directionless for a while.
Hit 4680: (1) see my tweet yesterday: "would short it if it gets to 4680;" it gets there today. (2) most likely SPX is working on w-b of W-4; as always, w-b is the most difficult to map out--as the purpose of this wave is to kill time & shake off weak hands, both bulls and bears.