tonights the night, page-24

Gann & Volt,,
here's my fan using the Ferrera technique ,,any comments ???

it sits well with my other theory of thats a 3 wave corrective structure against an uptrend which will soon look to create a higher low,,,or inverted h&s if you will and move onward,,,

xjo,xao,dow,sp500 are all the same structure,,,correctives against an uptrend ,,no sight of the bear at all,,,must say i have seen corrective waves go out to 5 and 7 counts and the testing of the low 14/6/06 will indicate if there's more correction needed after this 3 year bull run,,

however the point of control at 5082/5083 has been breached so i doubt we'll see a 5 wave structure,,,had that point of control not been breached i would have been concerned that a 5 wave was at hand.

look forward to your input,,try not to make it to confusing ,,thanks
Rags
(ps Voltaire ,,,chicken lips mean anything to you ??)