XJO 0.23% 7,999.3 s&p/asx 200

monnnnnday, page-72

  1. 17,444 Posts.
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    I see Laundry says 1974 to 2007 was a completed wave.

    I too have always considered 1974 the start and have good EW counts to 2007.

    Getting exact minor counts exact at tops is often messy which is why I think slight new highs for us are still possible.

    As he implies correction is likely to be lengthy in time and fits my mid next decade start for a new US bull and also July 2013 for us as a major probable low.

    Corrective action of that duration is obviously not going to be all one way, but have lengthy up moves as well.
 
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