Dow Top Call - 11yr formation - part 3 (COSTCO)
- Thread starter deadbroke
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See the 4th last post on page 4 of this thread for the Dollar Index 1H chart.
You see the A-B-C, so we got that covered.
Now look to the extreme left of the chart - see where I marked the number 1 ?
That number "1" consisted of 5 internal waves - that makes it an impulse wave, so for brevity and to reduce clutter, I just mark the numeral 1 AFTER the move is over and the subsequent correction is well underway.
Quote from deadbroke:
Updating the very same chart from my Dow Top Call Thread .......
just look at where the dead one called it and know that all he alerted was a Defcon 3 status, hehehehehe .... naturally this calling of attention to wins is going to infuriate the HERD, hahahahaha, God do I love it so.
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Repost of the Dow Jones daily for reference as we go undercover to find the next trading move on 1H
Quote from deadbroke:
Amen!
Now move that very same trendline thusly ...
any breakout past this trendline north bound is a LONG entry denoting a full 5 waves complete on 1H. A continued down wave would be the subdividing mentioned.
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Taking a Dow Jones 1H post from page 4 and following thru' ....
Quote from deadbroke:
Correctly alerted and warned. A perfect touchdown. Another magnificent call by the dead one. The dead one delivers another freebie to Retard Central. Let's see if even a single one of the ET sponsors could deliver such? Oh, say what? They trade only on the 3-min. timeframe.
next thing I'm working on is ......
I still would like to see how this rally develops in order to be sure that the latest steeper decline on 1H is NOT a FIFTH WAVE simply subdividing. But this we will only know if the current rally fails and the support is taken out pronto.
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also from page 4
Quote from deadbroke:
Amen! Even the 261.8% support shown, held.
The IJJIT stalker will note that once again as is so often again and again and again the case, it was called well in advance ... and here's the guarantee - no other methodology can predict this much in advance that a wave will end and that for the end, a simple trendline will be enough for the final signal.
That's why I stated its pointless for an adult who KNOWS the strengths of the methodology to argue with a 2-yr old pigheaded, assinine, hovine, bovine, daft nincompoop who CANNOT argue because by definition he has never studied the subject except from an armchair watching TV.
Show up here and fight fair, like a man instead of hiding behind the skirts of the cops here. Yeah yeah yeah yawn yawn yawn we know you can get anyone expelled or have their threads send to Politics or Chitchat by just a whining flick of the wrist.
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also from page 4
As shown in the previous Dow Jones 1H chart, 5 waves down are over IMO.
So short profits are history and done done done as soon as the trendline shown was taken out. This was stated earlier in one or more of the posts.
Its sidelines for ME since then.
I am now watching for the corrective upwave aka Rally which has been ongoing since the trendline shown was taken out.
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So short profits are history and done done done as soon as the trendline shown was taken out. This was stated earlier in one or more of the posts.
Its sidelines for ME since then.
I am now watching for the corrective upwave aka Rally which has been ongoing since the trendline shown was taken out.
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