XJO 0.25% 7,699.8 s&p/asx 200

Excuses - Tuesday, page-41

  1. 2,104 Posts.
    Maxi,

    Your (Caldaro?) count looks good to me.

    If you're looking for a double/quadruple(?) top at 2134, are you anticipating a downside target of ~1600?

    We've already had a triple top with a subsequent ~300% rundown to 1867 so perhaps the market has now dealt with 2134.

    Anything's possible of course, but wave 4 + 1.618 x wave 1 = 2226, which is in the ballpark of the W5 = W1 = 2215 scenario.

    Cheers
 
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