Search results

So it was really a Bear trap with +180, +22, +42 rebound from today low to today high, a profitable buying opportunity :) , which almost reaches the measured move target of +120, +13, +22 before a significant correction. Today pattern looks impulsive UPWARD :D , so there may be another UP move...

Five waves with extended wave three. A good sign :) . May be a another measured move of +120, +13, +22 points UP :D , after a complete a-b-c wave.

Wave three or c, +100, +10, +20 from today low, at resistance level, may be a turning point.

Wave three must not be the shortest wave. Wave three is shorter than wave one, so wave five should not be longer than wave three :cool: . -70, -7, -14 at open should be a good entry point for today :) , unless wave three extends :( .

Next new low will be fifth subwave of fifth wave, a short term buying opportunity. :) Be-aware of a Bear Trap. :eek:

Bull's Last Hope. Many Bull's hopes have been shattered. This may be the last one. Will the rebound from the ending diagonal wave 1.2:cv.i.ii.iii.iv.v, with possible additional wave .v, be able to cross the resistance trendlines? Transport leads the way, NASDAQ is following, will S&P follow...

Worst Case Scenario. We are looking down from the top of Grand Supercycle wave V], Supercycle wave V), Cycle wave IV (which began in 2000, 1990 in Japan), Primary wave b]. If the next rebound, c]1)3.4, from ending diagonal triangle, c]1)3.3:5iiiiiiivv, can not cross the resistance trendline...

Thanks Mup and Landis. Because the Dow has retraced more than 61.8% of the UP MOVE from March 17, 2008, I begin to worry that the Dow may break March 17, 2008 low and the wave count might be Minor Wave IVc]1)3 and the UP MOVE from March 17 is Minor Wave IVc]1)2. Mu.

New low. Rebound from support. There is no buy signal until the resistance trendline is broken.

Transport and NASDAQ lead the way UP as wave 3.1:3. But if INDU and SPX fail to cross the resistance trendline DOWN wave 3.5 may follow.

The missing chart.

The Market rebounds from measured move but there is no buy signal until the resistance trendline is crossed. Because the Market has made new low, we have to UP the count one degree, so this DOWN Wave may be Minor 2. It may be changed to Minor 3 if March low is broken.

The Market tanked so it was an Ending Diagonal. The Market becomes move decisive as expected and the down wave looks impulsive. The Market rebounds from support but there is no buy signal until the resistance trendline is broken.

Ending Diagonal versus Diagonal Triangle Type II. The Market tanks versus new high.

Mup, sorry for late reply. Wave iii may be equal to wave i (began on June 12), if wave ii is a symmetrical, ascending, running triangle. Mu.

This missing chart.

Symmetrical, Ascending, Running Triangle versus Ending Diagonal Triangle. The former will make to Market move UP to target. The latter wil make the Market fall sharply.

Symmetrical, Ascending, Running Triangular correction is almost completed. Next should be measured move UP of 200, 25, 40 points.

The small "r-sHs" pattern confirmed together with the large "W" and large "r-sHs" patterns. This may give some reassurance for the Bulls.

Will the reverse Head and Shoulders pattern be confirmed :confused: ? If yes, will be good for the Bulls. :)