XJO 0.65% 7,771.7 s&p/asx 200

thursdays malaise, page-23

  1. 17,444 Posts.
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    Starbust

    Although there was a fairly neat FIb grid formed on our market from the all time highs, I too feel another leg down is best for EWers.

    For me that would only complete probably 3 waves not 5, so an ABC downward correction or then a 4th wave rally and a another big leg down.

    Different markets do look different so I could agree with you about 5 waves on some but only 3 on others.
 
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