Das, you are simply a genius, I think it would take years of study to have any hope of catching up with you, & thats assuming I could actually grasp it at all.
I think we're agreed yesterday was the top. I count it as wave 4 complete (intra day wave count from 25th May 5-3-5)
Given that we dont have a projection from the fib fans for wave 5, I can only apply my rudimentary understanding of elliott wave theory & say that we should expect wave 5 to roughly equal either wave 1 or 3.
a rough equality to wave 1 would sit nicely with the pitchfork line I drew the other day around 4520+- Equality with wave 3 is likely to give a target around 4340+- & I have another pitchfork that would suit that target.
I'm sure Maxi will proceed to tell us the exact price & time in about 5 mins flat, you guys are absolute freaks at this.
It would seem at this point switching my super back to shares next tuesday might be a tad early, though the following tuesday might miss the low, but the latter just feels a safer bet right now.
the only other possible wave theory I can apply is to say that if the distance of wave 5 past point 3 is roughly equal to the length of wave 2 then it popints toward the higher 4520 target.
timing by past inferences to present patterns, page-140
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,988.1 |
Change
-25.300(0.32%) |
Mkt cap ! n/a |
Open | High | Low |
8,013.4 | 8,013.4 | 7,918.9 |
Featured News
XJO (ASX) Chart |