Why does the c of 4 (if that's the count) have to go straight up tomorrow? Why can't today be an 'a' (of c of 4), with tomorrow/next couple days a 'b' (corrective, down...maybe in form of doji or 2...a down day or two), and then a 'c' up (into middle/end next week...with channel throwover in tow..getting bulls googely)...and thus complete the 4 of 5...can't we lower high than the a of 4 (ok, it would be significant, but the b of 4 was lower than expected, so maybe c of 4 too? Wouldn't that be an "nice, unexpected" way to put in a bottom to Phase I of bear- ie., a 5th wave down from much lower level than some expect?...starting in a week, and ending end of Oct.
This would coincide w/atjt99 options ex ramp theory..
Hopefully, I am understanding you correctly...that you think we are no longer in the 4, but in some sort of ending diagonal (already in 5?)..or, alternatively, if we are in the c of 4- straight up.. |
