Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
Ektra
on 04/01/2018, 01:46:58 UTC

It is probably best to not call the end of a possible triangle just yet. Seems we still need more time to reset longer term indicators.

Im not calling it yet, I said it would become the primary count if 16000 is broken.

It's possible that we are in a bearish wave B triangle too.

Wave B is my instinct now. There's reluctance at just over 15k and some bearish divergences on the RSI, and lots of three waves bouncing back and forth. If so, the completed triangle could be followed by Masterluc's dip to 8-10k some time this month.