PLS chart, page-14441

Sorry Chesterc; I wasn't monitoring the forum on Friday (teaching my eldest pebble how to trade), so I missed this. Obviously, using my superpower "hindsight" I think it would do whatever it did. Actually I thought it would trade in the region 357 to 370, and intra day I decided it would run to 374 . So it went lower and a little higher than I thought. I stressed out my oldest Darkpebble when it got to 370 and I traded out, and then decided to trade back in at 371 and out again at 374, then in again at 375 at the end of the day because I switched from trading by the numbers to instinct - which kind of undid the day's lesson a bit. Broker is very pleased with me however.

Much as I would prefer it to run down a bit more and cancel out this wave to start the sequence again, I am very much leaning toward this last few days being the end of wave 2 and start of wave 3 which gives a wave 3 target of a rather disappointing 454. Of course, with a bit of luck it could be a subwave 1,2 & 3, implying a mega wave 1 in formation, which would make me very happy. If not then the only future pattern I can think of that would justify such a week impulse cycle is that China will invade Taiwan later this year - so that is what I am going with for now. If it reverses and falls down to 325'ish then I'd say the invasion is off for this year.