XJO 0.32% 7,988.1 s&p/asx 200

to consider the possibilitya 3 wave bounce to the centre tine...

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    to consider the possibility
    a 3 wave bounce to the centre tine +-4800
    the arrow up is 50% of leg B

    it would leave the door open to an A through E 5-3-5(9 incl extension)-3-5 corrective with corrective leg alternation of big in B as opposed to small in D

    it also fulfils the pitchfork guide of returning to centre tine 80% of the time

    It furthermore keeps open the possibility of leg D being leg 3 of the next 5(or 9) wave advance, so only in wave 3 of leg E will the direction be revealed.

    I just notice a lot with elliott waves they find pivot points that keep multiple scenarios open. So my guess from here is a 3 wave advance to the rising black centre tine.

 
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