Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
chessnut
on 30/10/2015, 09:23:17 UTC
heart warming to see such a cracker rally.

This rose from bad EW form but in this volatility pieces of the puzzle are becoming inevitably clearer.

We are probably at the later stage of a third wave finishing with a fifth blowout. I think we can safely say that we are at a stage in an impulse that will form a primary wave followed by a wave 2 correction.

currently the smaller time frames suggest sideways consolidation with a risk of entering fourth wave territory but ultimately contain the evidence for continuation.



Need more to say more. trading is going to be great with the coming volatility.