i sniffed out a new scenario - that would be consistent with your 1376 later this month.
perhaps the LD was terminal to a long running 3 wave Feb. 9th ...move down to 1337 was A leg of 4 ... marginal pokes into new highs is the B leg ... and then C down to complete wave 4.
i've been watching the RUT ... not even close to new highs in the Russell -- I'd have to check the DOW -- I have no idea about the wilshire?!
ReplyDeletei sniffed out a new scenario - that would be consistent with your 1376 later this month.
ReplyDeleteperhaps the LD was terminal to a long running 3 wave Feb. 9th ...move down to 1337 was A leg of 4 ... marginal pokes into new highs is the B leg ... and then C down to complete wave 4.
bottom 2 charts -- http://jeffreygtc.blogspot.com/2012/02/thursday-february-16th.html
above should read "ED" was terminal for a long running 3 wave
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