here is the C wave in Green...... I'd love to see some great distribution........ This is a new high, and only slightly higher.... I keep swearing against top ticking..... I'm not going to do it... We could run through monday.... like to see a lower low... then a failed rally to get involved on the short side.
4 comments:
How do you know it isn't a 3 wave? Just wondering.
An ABC wave... is just a 12345 only sideways.... that is why it's bearish... or counter to the impulse trend...
We are in wave 3 but wave 3 of an ABC correction to the upside.
The steapest of the waves tends to be the correction(ABC)
Shit, no wonder you are confused. I Was talking about the C wave the Macro c wave to the upside that we have been in since late this morning.
let me edit the post.
I get it now. I'm trying to keep up... thanks for the education.
Me reading your blog is like Mr. Magoo trying to pilot a Saturn 5 rocket.
I'm not real smart, remember.
It's still chart astology.....
and you tend to have some good mojo.... which is the same thing...
Kind of a Trust yourself.
I find that I get more and more convinced as I go.... if I try and predict what is going to happen...
if I continue to be right, I start makeing bets.... Oh... we call it investing...
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