IVZ Chart, page-10

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Charts disappeared on me!! Go look at daily and 15 minute
Top chart, daily, started first wave from large correction in mid June. Clear 5 waves up to mod August. Messy A B C correction to mid October. Then we had a sharp wave up, one of three with a clear internal 5 waves, then go to second chart the 15 minute one. Seems we are in a second wave correction, near the end of an A B C pattern, that started at 26.5c last Monday. Each of the 3 waves would last the same amount of time if the correction concluded at close of trade this afternoon, at the low point of the day..

The above is all Elliott Wave Theory stuff for those that don't know. Sometimes it works perfectly, sometimes not at all. Mostly the 'waves' are clearly visible and identifiable in hindsight after whatever move happens.
If and that's a big IF , we get the discovery and a take off in SP when we next trade after today, the Elliott Wave practitioners will be able to point backwards and note the perfect set-up..

Just to put a further dampener on it, to discourage anyone from trying to trade it, It's always possible that we do trade tomorrow, which would just be an extension of the C wave in the correction, possibly to a slightly lower price, or the wave pattern could morph into something else...