3309 Drysdale Ct
Edwardsville, IL 62025
I have no idea whether this plays out, but the GET count seems to support the possibility of a zig-zag wave 4 move that measures out here (red lines). Maybe watch it a bit just in case.
3rd wave in this labeling is corrective.
johnc - I guess that's possible, but I'd give the odds very low, the pullback from the May highs looks like an ABC correction to me.
Remember Advanced Get always labels everything as 5 wave at first by default
Looking back to the weekly this looks more like a breakout of the bigger weekly 4.
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MCP - Another possible view
Posted by johnc on 28th of Jul 2011 at 11:41 am
I have no idea whether this plays out, but the GET count seems to support the possibility of a zig-zag wave 4 move that measures out here (red lines). Maybe watch it a bit just in case.
Hard to find a truly impulsive count down on MCP...
Posted by lessarda on 28th of Jul 2011 at 12:31 pm
3rd wave in this labeling is corrective.
johnc - I guess that's
Posted by matt on 28th of Jul 2011 at 12:27 pm
johnc - I guess that's possible, but I'd give the odds very low, the pullback from the May highs looks like an ABC correction to me.
Remember Advanced Get always labels everything as 5 wave at first by default
Yep, I think you're right
Posted by johnc on 28th of Jul 2011 at 12:48 pm
Looking back to the weekly this looks more like a breakout of the bigger weekly 4.