Registered: 1225228150 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?
Registered: 1101777014 Posts: 4,664
Reply with quote #2
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. Fib __________________ Dave's LinkedIn Profile Technical Watch Twitter Page Technical Watch Facebook Page "As for it being different this time, it is different every time. The question is in what way, and to what extent" - Tom McClellan "An economist is someone who sees something happen, and then wonders if it would work in theory" - Ronald Reagan "What we see depends mainly on what we look for" - John Lubbock "The eye sees only what the mind is ready to comprehend" - Henri Bergson “Answers are easy; it’s asking the right questions which is hard” - Dr. Who - 1977 "You know the very powerful and the very stupid have one thing in common - they don't alter their views to fit the facts, they alter the facts to fit their views (which can be uncomfortable if you happen to be one of the facts that needs altering)" - Dr. Who - 1977