New TA/Charting, page-6915

Well, there's no need to get upset, it was a genuine question as to what happened to wave 3 which " was certainly on it's way now". I thought you might want to discuss truncation in motive waves or in particular wave 3.. perhaps the chances of that in a running flat compared to an expanded flat in a bear market ?

There is one thing about volume and spread analysis as opposed to wave theory though - you never have to obliterate past analysis with volume and spread analysis as it's there forever to see, as are the effects of anomalies between the two ---- unlike waves which seem to disappear at will.

As far as Fibonacci levels are concerned.. have you ever looked at any chart and plotted how many turning points or apparent support or resistance levels occur at non Fibonacci levels ? ---- , surprise yourself.