Wave Count
Here's my 519 minute. It would appear that we topped the first impulse wave one with an irregular b wave. C should start the bear second wave pullback correctiing wave four by 62% percent, which if that were the case would put a bottom at around 846. The lower regression channel will be tested and won, at that point, and we could see close after close reaching farther and farther away from that top.
We'll know if they're going to buy the dip.
For every five waves the correction is of the wave preceding it until there are a total of 144 waves (five by five with five in every wave in the fifth), and then it corrects the whole movement by max 62%.
If they buy this I'm not trading.
We'll know if they're going to buy the dip.
For every five waves the correction is of the wave preceding it until there are a total of 144 waves (five by five with five in every wave in the fifth), and then it corrects the whole movement by max 62%.
If they buy this I'm not trading.
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