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Wave 5)4 was much shorter than Wave 5)2 and ended near the short measured move.
Wave 5)5.1 moved impulsively DOWN as 5-waves.
Wave 5)5.2 showed five subwaves. Is it an ED?
The red lines are triggers for first and second SELL Signals ,
and Wave 5)5.3 may be equal to Wave 5)5.1 , i.e., 350, 45, 80 points .
If the red lines are not crossed, the supposed Wave 5)4 may be Wave 5)3.5:4 and Wave 5)3.5:5 had just ended today.
Quote from mu200411:02-28-09 11:41 AM
....The impulsive 5-waves DOWN from today's high should be the beginning of Wave 5)3.5:3.
There may be an Exhausion Gap before Landis' 4 bounces.
mu.
Quote from mu200411:02-28-09 11:54 AM
Wave 5)3.5 is ending .
There may be an nice 4 bounce of 470, 62, 137 points back to Landis' 775 target .