I understand that wave 5s sometimes extend (primarily in
commodities) but if this is a wave 5 extending, what would the EW
count for this wave up look like? Instead of having wave
3 top where you have it now, could that be the top of wave 5
and the rest since then a wave 5 extension?
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Only Wave 1 of 5 """
TICK 5 min chart.png SPX broke a trendline and TICK went ...
Posted by perthx on 18th of Mar 2009 at 11:14 am
Matt/Steve...
I understand that wave 5s sometimes extend (primarily in commodities) but if this is a wave 5 extending, what would the EW count for this wave up look like? Instead of having wave 3 top where you have it now, could that be the top of wave 5 and the rest since then a wave 5 extension?