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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (201621)2/3/2013 1:33:23 PM
From: POKERSAM1 Recommendation  Read Replies (1) of 209892
 
mchjc - I see things a little differently. IMO the 09 low was the end of Super Cycle (a) and we are near the top of (b) with (c) down to go over the next couple of years. I think the thing that has made it difficult is that wave (a) was a flat. As you know a flat has sub waves of 3-3-5 and wave a can be any corrective pattern.
The advance from 666 looks like a corrective 3 waves to me. The 4 year decline in volume supports this view. My weekly 4 year and 12 year charts can be seen at this link.
Sorry for the link but I do not how to post charts here.

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