Measured move now, continue going UP soon :) .
The updated target is 9355, 970, 1710 :confused: .
The Market is going UP as Wave 3)4.d:b as expected some days ago :D .
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Quote from Landis82:
900.00 ES = .618...
When we are at an extreme we know that sooner or later the Market has to return to the center :) .
But when we are at the center we do not and cannot know for sure whether the Market is going UP or DOWN :confused: .
When an EWer says he doesn't know where the Market is going,
it means the Market doesn't know where the Market is going either :cool: .
When the Market knows it has gone in a wrong direction, it turns back and create a Bull or Bear Trap :) .
If the Market shares ed's feeling, the last break...
Resistance trendline break succeeded at the fourth try :) .
But becomed locked up in a distribution/accumulation triagle :( .
Don't know which way will the break out be :confused: .
Wave 3)4.d:b may be completed :eek: .
Or it is only Wave 3)4.d:b$B&C(B.i and .ii that are completed and there are Waves .iii, .iv, .v to follow :D .
The Market will answer today :cool: .
Yesterday low = 900.55 Bravo! for Landis :D :cool: .
This may be part of the Wave .d:b rebound, going UP to 9250, 958, 1710 :) .
Next will be Wave .d:c with a measured move DOWN to 8400, 850, 1550 :eek: , where there will be a triple bottom :confused: .
Double measured move at Landis's Target :D .
Edit:
If this does not hold, we may go straight to 8400, 850, 1550 :eek: , more likely as a parabolic curve :) .
Wave FIVE is treacherous :eek: .
We should be careful when we are counting Wave FIVE.
Sometimes it extends, sometimes it is a bit short, sometimes it does not show up at all :mad: .
Now we are counting subwave five of subwave five of wave one.
There should be some wave two soon. And the...