Well it looks like my previous count requires some re-labeling. Here is another way to count the structure. A rally above 1148 voids this count. The alternate labels are also in.
Working off of this post, I show wave (iv) complete just shy of a 61.8% retracement of wave (iii).
I have wave (v) in progress now and if (v) equals (i), 1127 would be a nice target.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3449922&cmd=show&disp=p
ReplyDeletei dont see anyone showing it quite like this, so i had to post it
hope it helps
jman,
ReplyDeletethx for the link. this has been one helluva ride!