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UPDATE (10:40 PST):
I just caught a mistake in this count. In order for this to play out as an ED, wave 4 would have to retrace into the territory of wave 1. I think that is highly unlikely.
So I would think the main bearish count would have to be a straight 5 wave impulse to complete wave c or it is a bullish Leading Diagonal.
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Perhaps we are seeing an Ending Diagonal for wave C of a double three corrective?
A bullish option would be a Leading Diagonal for a wave 1 up. Its all still unfolding.
If it is an ED, I see a potential top near 1019, which I have projected all along for this corrective.
We shall see.
A bullish option would be a Leading Diagonal for a wave 1 up. Its all still unfolding.
ReplyDeletejust love that.
i am on kenny's blog (hidden, told ya i am a lier, didn't i?) trying to make them understand that the only way is up... i give up... they will loose their pants... and what to me? time loss like counting corrective waves...
ReplyDeletemaybe kenny will post another kenny's dot [TM] to keep their hopes...
take me to ganimedes...lol...bunch of crazy people,,,dont understand that america could be good or bad, but Caterpillar is selling all of their trucks to china...America is sinking, and what? Caterpillar is not...