Is this the Key Reversal Day as Landis suggested :cool: ,
the Market can go back UP to 9600, 1000, 1800 :D .
Note Bullish Candle Stick patterns and 61.8% retracement :) .
At elovemer's 856 we may see Wave 4)c.1:1v.v:v :confused: .
So we got our third measured move and an extra measured move :) .
This can be Wave 5)2.c:5 or Wave 4)c.1:1v :confused: .
After Wave 1 the Market will move UP some more :D .
After Wave c the Market will continue DOWNWARD move :mad: .
A lower low, so it should be Wave IVc]5)1.3 or Wave IVc]5)3.
Wave IVc]5)3 may end at measured move, near 11/21/08's low, around 741 :eek: .
Edit:
61.8% retracement from orthodox top and Landis' Bradley Cycle :) .
Will there be a rebound? :D .
The seven-waves turned out to be a nine-waves with an irregular correction followed by three more waves, i.e., a bigger five-waves :) . There may be a measured move UP or two :D .
That will be a true or false BUY signal :confused: .
Turn out to be a sever-waves and DOWN :( .
Or an irregular correction :) .
Can the outcome of this smallest fractal irregular correction predicts the outcomes of the bigger ones :confused: .
Fractal Wave 5)1.2:c : Wave 5)1.2:a was about .618 time :eek:, similar to Wave 4)c : Wave 4)a .
Or Wave 5)1.2:b may be an irregular correction :confused: .
Just wait for a higher high :) or a five-waves UP.
Interesting link :cool: ...
Thanks you Ed, Landis, blnbr;
Dukascopy is in Swiss, can be download from anywhere :) .
mu.
So it was the last Sell Signal and a 27% Bear Trap followed.
There may be another measured move UP to a bigger Bear Trap at 868.36 :D .