XJO 0.88% 7,959.3 s&p/asx 200

tour de tuesday, page-6

  1. 3,191 Posts.
    A more appropriate count for me is the low completed 5 waves down, and the advance up from there is 5 waves up for wave (a) and we are going down for wave (b) then a move up for wave (c) before we resume the next impulse wave down. Another count is as above except the 5 wave advance from the low is an impulse wave. This means after an abc correction, we will head much higher for another impulse wave (ie, bull market). As typical with EW, it's often only of any real value in hindsight :-)
 
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