Gann & Volt,,
here's my fan using the Ferrera technique ,,any comments ???
it sits well with my other theory of thats a 3 wave corrective structure against an uptrend which will soon look to create a higher low,,,or inverted h&s if you will and move onward,,,
xjo,xao,dow,sp500 are all the same structure,,,correctives against an uptrend ,,no sight of the bear at all,,,must say i have seen corrective waves go out to 5 and 7 counts and the testing of the low 14/6/06 will indicate if there's more correction needed after this 3 year bull run,,
however the point of control at 5082/5083 has been breached so i doubt we'll see a 5 wave structure,,,had that point of control not been breached i would have been concerned that a 5 wave was at hand.
look forward to your input,,try not to make it to confusing ,,thanks
Rags
(ps Voltaire ,,,chicken lips mean anything to you ??)
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