New TA/Charting, page-14375

Same here, I to was somewhat surprised on the over shooting of the closing of the gap, but apart from the technical facts/rules, you may have realised, I would have been easy with the gap only partially closing (no skin of my nose comment). In between I was somewhat concerned though about the overlapping of wave i up and iv down, which is a concern in EWT. However over time I have seen this sometimes happening and learned to accept it, when only the shadows of CS are involved (note my close over $1.33 would be good). Well, we got that! A close over $1.375 would have been perfect, but hey $1.365 will do for a start of wave v up.

I’m very happy to see my wave count still working out so far. With the higher low for wave iv I can now do some more work on getting a better idea on a possible top for wave v up for 3 up. So watch this space, as I will try to foresee what’s coming for wave v up and with that wave 3 up.