Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
chessnut
on 10/06/2015, 09:54:52 UTC
i don't post charts but it could be WXY or ABC and it could be topping right now, we have pretty clear 5 waver with divergence between 3 and 5 for some C probably

Whatever the local count is, the larger count is moderately bullish. Its not impulsive to the downside. Notice how stamp bottomed on a lower low than china, that looked like a larger wave C terminating, it would imply that china bottomed on a failure.





Just noticed the above count, beat me to it, dang!  Smiley

Its a fair triangle and a fitting failure, wave iii went surprisingly far (too far). This is when failure v's occur.