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Posts: 16
Reply with quote  #1 

Hi Dave, it has been a while since we have discussed the wave count.  Would you mind posting a chart going over the current scenario?  i am curious to see your opinion on what you would label the move from the march low, as well as where we are in the current cycle.  I look forward to seeing your work and i miss your classes.  Any chance of class starting up 1x/week?


Posts: 4,888
Reply with quote  #2 
Hi Dave

Although there are several interpretations right now, shown below is the current preferred bear count I'm working with on an intermediate term basis. This preferred count would also allow for a complex correctional process to fit the internals where we're currently in an intermediate term "(X)" wave before one more corrective sequence higher to around the 1226 level.

What do you think?

As far as the chats are concerned, I should have an announcement on this in the next couple of months.


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