Failed at 'Symmetry' & res line so watch the Fibs on this
decline to check for validation as losing key Fibs may imply a lrgr
Bull 'Wedge' with One-More-Low...
Posted by sschulman on 3rd of Jul 2017 at 01:47 pm
So you're looking at the entire upmove from mid April as an
incompleted large red (C) wave? With possibly a final 5th wave down
of a smaller degree b wave triangle, and then a final c-up. That
would be black by your colouring, am I following? And that would
also complete your large red (C)?
And then? Drop about 100 points to below mid-April levels??
The red A-B-C was negated. I have removed it now. I see it as in
the 5th-Wave of the lrgr Wave ((3)) Ending Diagonal perhaps seen
clearer on the Daily Line charts...
Posted by sschulman on 4th of Jul 2017 at 12:21 pm
I seee. Thanks Saturn6. So for symmetry, red (4) should ~ equal
red (2) which was about 100 points. Then up in red (5) to complete
blue ((3)). Lots of four-fives ahead. Lots of volatility.
Thanks Saturn..Your count plays into Matt's thinking that the
high rsi on the last push up likely means a pullback should
eventually be bought for one more push up.
I really appreciate your work. Cheers.
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Posted by saturn6 on 3rd of Jul 2017 at 01:13 pm
Failed at 'Symmetry' & res line so watch the Fibs on this decline to check for validation as losing key Fibs may imply a lrgr Bull 'Wedge' with One-More-Low...
your count?
Posted by sschulman on 3rd of Jul 2017 at 01:47 pm
So you're looking at the entire upmove from mid April as an incompleted large red (C) wave? With possibly a final 5th wave down of a smaller degree b wave triangle, and then a final c-up. That would be black by your colouring, am I following? And that would also complete your large red (C)?
And then? Drop about 100 points to below mid-April levels??
No!...
Posted by saturn6 on 4th of Jul 2017 at 05:35 am
The red A-B-C was negated. I have removed it now. I see it as in the 5th-Wave of the lrgr Wave ((3)) Ending Diagonal perhaps seen clearer on the Daily Line charts...
Nicely done, Saturn
Posted by stevieb294 on 5th of Jul 2017 at 08:24 am
Thanks!
I seee. Thanks Saturn6. So
Posted by sschulman on 4th of Jul 2017 at 12:21 pm
I seee. Thanks Saturn6. So for symmetry, red (4) should ~ equal red (2) which was about 100 points. Then up in red (5) to complete blue ((3)). Lots of four-fives ahead. Lots of volatility.
Exactly!!
Posted by saturn6 on 4th of Jul 2017 at 01:49 pm
Exactly!!
Thanks Saturn..Your count plays into
Posted by ruscitti on 4th of Jul 2017 at 01:53 pm
Thanks Saturn..Your count plays into Matt's thinking that the high rsi on the last push up likely means a pullback should eventually be bought for one more push up.
I really appreciate your work. Cheers.