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A 3-3-5 would be a flat for his wave C. That would consist of 3 waves down 3 waves up and then 3 waves down to complete C under his scenario.
what does that mean would you short here on resistance
rkelman - the answer to your question is yes if you believe in that scenario since the next leg would be a hard move down.
However, that may not be correct (as I've shown other alternatives).
do you have any shorts on
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A 3-3-5 would be a
today's bounce
Posted by steve on 25th of Feb 2010 at 03:45 pm
A 3-3-5 would be a flat for his wave C. That would consist of 3 waves down 3 waves up and then 3 waves down to complete C under his scenario.
what does that mean would
Posted by rkelman on 25th of Feb 2010 at 03:49 pm
what does that mean would you short here on resistance
rkelman - the answer to
Posted by steve on 25th of Feb 2010 at 04:00 pm
rkelman - the answer to your question is yes if you believe in that scenario since the next leg would be a hard move down.
However, that may not be correct (as I've shown other alternatives).
do you have any shorts
Posted by rkelman on 25th of Feb 2010 at 04:03 pm
do you have any shorts on