ammo,
yes,
1103 - (1150-1090)*.618 = 1065
mu.
ed,
I see an expanding triangle coupled with VIX may indicate an upswing.
Either Wave 3] or Wave 2]b)c of a complex Wave 2]b) :confused: .
mu.
This should be a major correction, most likely Wave 2] :eek: .
Wave 2] should end near end of Wave 1]4) or 1036 :) ,
in about a month :D .
ammo,
http://thepatternsite.com/bigm.html
http://thepatternsite.com/bigw.html
mu.
The wave count for Primary Wave 1] or a] is quite completed :) .
So the Market is going DOWN to end of Intermediate Wave 1]4) :D .
But the fifth Minor Wave of Intermediate Wave 1]5) is quite small,
so it may be just the first Minute Wave 1]5)5.1 of the fifth Minor Wave 1]5)5 of the fifth...
"March to December" looks like an Impulsive Primary Wave to me :) .
Targets :D . <table> <tr> <td style='width:66.0pt;border:solid black 1.0pt'><p>12/30/2009</p></td> <td style='width:66.0pt;border:solid black 1.0pt'><p>INDU</p></td>
<td style='width:66.0pt;border:solid black...