Will try again tomorrow.
@ 2:30 PM
The rally from 1258 is looking like an ABC. It is possible that 1258 was Minute 3, and this is Minute 4.
Counting waves can sometimes be like pissing in the wind.... Can't say which direction the next gust will come from....
Still way too many options right now.
@ 12 Noon
We have to now assume that 1258 was the entire Minute 5, completing Minor 1 down. And we are in Minor 2 up now.
There is a remote chance that this sideways might be an expanding triangle for a 4th wave, or some kind of combination correction.
Vega - I could be crazy...i have 1258 being Minuette 3 of Minute 3 and the high today as Minuette 4 of Minute 3.
ReplyDeleteMinuette 2 was relatively tiny is time and price both. So Minuette 4 would be large. Felt like vacuum-like short squeeze...but again, i could be crazy! LOL
Yeah, counts are all over the place.
ReplyDeleteA more decisive move is needed to make any firm determination.