For my weekend analysis, can you provide an "intermediate" chart of where you believe we are now, once we finish this potential 5th come Monday morning?
Your Triple 3 Waterfall Pattern Chart posted below.
About to complete small iv of Wave (3) ( with a push higher on Monday to complete small v ) before yet another move to new lows . . . or will this Wave 4 become more complex and get strung out in time?
FYI: November/December is historically speaking . . . very strong seasonally!
We have come almost 2/3 of the most optimistic target .
These charts show some examples of the Selling Climax.
The UP move may go on longer than we've expected ,
after the target is reached and surely after some correction .
Quote from mu200411:10-28-08 08:01 PM The Market has until November 5th, 2008 to finish a Flat or a Triangular Correction.
Today may be wave 3)4.c UP .
Edit: Is October 13th high target too optimistic :eek: ?