Moneymakero

XLK (Elliott correction wave)

Long
AMEX:XLK   SPDR Select Sector Fund - Technology
Alot of you have been wondering how on earth I make my trades with minimalistic features on my graph. In short I only use a modified version of Elliott wave theory. I only trades Elliott correction waves. The chart of XLK is forming what looks to be a regular flat. Wait for the break of the low and a potential lower degree correction (LDC) before buying calls. Thats the strategy I use. Good day!

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