here's the possible short term wave count; so today's low
and high might be waves (a & b), then a (c )pullback to form
wave 2 and then rally again. Again we'll just have to see,
these short term wave counts are difficult to predict and can
change
Hi Matt, with respect to this chart are you still of the opinion
the market will at some point retrace 38-50% off this whole move
from March or is the count slowly changing? If you look at it we
have come up around 240 points and it is only 194 points to 1100
(approx 20month MA), we could just use time and work our way up
with only very small dips. Thanks
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SPX 15 min chart.png here's the
Posted by matt on 5th of May 2009 at 04:01 pm
here's the possible short term wave count; so today's low and high might be waves (a & b), then a (c )pullback to form wave 2 and then rally again. Again we'll just have to see, these short term wave counts are difficult to predict and can change
Can you please post dynamic
Posted by finam on 6th of May 2009 at 09:59 am
Can you please post dynamic links of your short term wave counts? Thanks Fina
Hi Matt, with respect to
Posted by topbman on 5th of May 2009 at 05:08 pm
Hi Matt, with respect to this chart are you still of the opinion the market will at some point retrace 38-50% off this whole move from March or is the count slowly changing? If you look at it we have come up around 240 points and it is only 194 points to 1100 (approx 20month MA), we could just use time and work our way up with only very small dips. Thanks