@ 4 PM
As Elliott said, counting corrective waves is a lot more difficult.
This week's chop is looking like a miniature version of this month's chop.
We went above yesterday's high today, but wave z still does not count very well. Wave (c) is still missing.
It is possible to count 5 waves up from 11 AM today, but that could still be a wave a or c, and be a subwave of the wave (b) correction.
A slightly different, alternate count in the 5-min chart.
@ 12 Noon
As Elliott said, counting corrective waves is a lot more difficult.
This week's chop is looking like a miniature version of this month's chop.
We went above yesterday's high today, but wave z still does not count very well. Wave (c) is still missing.
It is possible to count 5 waves up from 11 AM today, but that could still be a wave a or c, and be a subwave of the wave (b) correction.
A slightly different, alternate count in the 5-min chart.
The chop continues.......
Wave (c) of z still looks unfinished.
Wave (c) of z still looks unfinished.
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