UTIL Cycle Wave I might have ended at 778.80 and UTIL is leading the way down.Wave 3.3:2 rebounded beyond 575 to 593 and
then fell as Wave 3.3:3 to 570.
Wave 3.3:3 may end near 536.
UTIL Cycle Wave I might have ended at 778.80 and UTIL is leading the way down.Wave 3.3:2 rebounded beyond 575 to 593 and
then fell as Wave 3.3:3 to 570.
Wave 3.3:3 may end near 536.
INDU is approaching measured moves and wave count targets.The last Big M was not confirmed and INDU took the wrong turn UP, from Wave 4] Low at 15503 to 24666, an impressive rise of 59% in just 2 years after my absence.
Now may be Minuette Wave :5 of extended Minute Wave .5 or Minor Wave 5 of Intermediate Wave 3) of Primary Wave 5] or Cycle Wave III)I or III)V, which may end now or near 25503 for an exact 10,000 points rise.
Primary Wave I5] may end near 27,000.
If the rise in 2016-2017 is Primary Wave I1], Cycle Wave V]V)I might go to 33,000 or 44,800 as predicted years ago.
Failed "Big M" caused a lot of trouble.SPX fell pass 1,850 to 1,812 as Wave 3)1 then
rebounded to 1,908 as Wave 3)2.
Wave 3)3 may fall to 1,690 or 1,670.
It's not my fault.INDU is approaching measured moves and wave count targets.
TRAN gives more visible wave count.It's not my fault.
Blame it on Elliott's fifth waves and measured moves.