timing by past inferences to present patterns, page-108

  1. 6,596 Posts.
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    Hi Desktop, glad someone gets use of a different opinion, being the novice that I am at this, there is as much chance of me making a correct prediction via good luck / coincidence rather than actual T/A

    I'm reading the XJO as in wave 7 of 9 on the intraday 15 min chart the next low will bring us to point 3 (or 7 if you include the extension) so one more low, possibly tomorrow, followed by the wave 4 (8 incl ext) rebound for a couple of days followed by the final low of corrective leg C.

    This makes me think that Dascores target around the 25th is actually the completion of wave 3 & turn into wave 4, that would put wave 5,C,2 completing sometime next week most likely.

    I'm also moving away from the thought of hitting the centre green tine I had marked, It just seems a bridge too far.
    I also drew a different pitchfork today (not posted) that pointed to a bottom around 4520: - fork was based on wave A with origin of centre tine point 2 of the previous wave 5 (centre Jan low, top Mar high, bottom Apr Low)

    sorry for the slow reply, I had missed the responses until now. FWIW my super went cash to shares today, if wave 4 obliges on timing I'll jump out next week to get the bottom. Bit tricky though the super only allows change instruction upto Sunday & change occur on Tuesday.
 
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