EWT can be confusing to newbies but I will be happy to explain in case anyone has any questions.Best.
Thursday, July 31, 2008
Correction...The Bigger Picture
The bigger picture on the past 6 months correction. I know there are other possible and more bullish alternates but I prefer this one until I see evidence disproving this. All my comments are on the chart - Open in a new window to view.
EWT can be confusing to newbies but I will be happy to explain in case anyone has any questions.
EWT can be confusing to newbies but I will be happy to explain in case anyone has any questions.
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5 comments:
hello sir,
i have been reading your blog regularly ,i have one doubt u said on chart that below 4150 it is confirmed that c wave has started but i thing this b is unfolding in 3 wave structure i.e a of b from 4539-4159 b of b from 4159-4342 n c of b may unfold as 4342-4106(61.8% of a) or 4342-3962(a=c),i am new to ew count plz tell am i right or wrong n if wrong why this can.t be the case.
regards,
shivangi
Very clear charting, ty.:)
Tnks Yoda, Do you have a blog?
Shivangi,
You could be right...Am not going to say that thats not possible..However I will go for the most likely scenario...i.e and 5-3-5 structure of a corrective...
A can be 5 waves
B is a clear 3 waves
so we have to be in C now...
Out of which wave 1 and 2 is over..3 is running...now we have 4 and 5 to come...let us see...
Best..
thnks for the reply
Regards,
shivangi
No, Lee. This is just a nick to comment on all your hardworking blogs.;)
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