$Amazon.com(AMZN)$ This is the

$Amazon.com(AMZN)$ This is the daily & it has just begun an ugly corrective Elliott wave C & those can be brutal with the TDSD only on a 2 & it won't rally again until a 9 or 13. So it looks like it could see that 160 Fib/Gann level first. Elliott's align with Fib/Gann so we have a pretty good idea of where it is headed here, which is to the bottom of the LRC which also tells us that the next wave after C is an Impulse Elliott wave 1 & the absolute best place to enter a pattern & trade. So in an Impulse Elliott wave 1 at the bottom of the LRC is a parabolic set up. That fractal is turning up so it could see a few more points to the upside before the primary kicks it down again. All indicators rolling over with a weakening trend. Patience. Trade the charts, play the set ups, skate to where the puck is going.

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