honzer- Steve and
I have been talking about that for a while now, as I stated last
night, the SPX needs to go above 1311.80 to totally negate this as
a 4th wave. Remember your Elliot Wave Rules, wave 4's cannot
overlap wave 1's.
Now there are alternate accounts of course with the low's being
in place last week with a Flat of some sort, or being a wave 4
triangle that can push higher.
honzer- Steve and I have been
Comments??????
Posted by matt on 29th of Jun 2011 at 02:36 pm
honzer- Steve and I have been talking about that for a while now, as I stated last night, the SPX needs to go above 1311.80 to totally negate this as a 4th wave. Remember your Elliot Wave Rules, wave 4's cannot overlap wave 1's.
Now there are alternate accounts of course with the low's being in place last week with a Flat of some sort, or being a wave 4 triangle that can push higher.
so how would we know
Posted by racer999 on 29th of Jun 2011 at 02:50 pm
so how would we know which one?
thank-you
Posted by honzer on 29th of Jun 2011 at 02:37 pm
thank-you