XJO 0.74% 8,208.9 s&p/asx 200

tuesdays trade, page-57

  1. 17,444 Posts.
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    PT20

    Possibly so and I don't claim to be an EW expert even after 30 years of using it to various degrees, lol.

    Below is a chart where some may have considered the moves to be 5th wave diagonals.

    Yes they weren't even from the extreme lows.

    I remember the first which was a classic, because it was my my first foray into US markets and I was convinced it was a termination move and got handed my head on a platter.

    I guess I am sounding a little paranoid, but as a confirmed pessimistic, I protect myself by always looking for what can go wrong with the common wisdom.

 
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