Short answer is yes... have not check NYA yet, and your hound is possible, naturally... Oh, I see what you mean by the NYA. But I can get the INDU to 10350 before a nasty-ask reversal... so: Can a hound fail?
Of course it can! (False Hound.)
I must admit to not caring terribly at this exact moment whether this is impulsive five down or abc's with five-wave impulses making up larger ABC's, as the immediate results are the same (within this week's to next week's time-frame). And, you know I use fractal repeats, etc., to track pattern progress. There is every reason to believe that this is a simple reprint of the earlier correction (late March, early April), however you regard it count-wise.
I simply note the wedge formation and the experience I have with those ED (not the other ED) at this degree and in this context. COMPQ bothers me a bit, but NYA does not... nice to look at tho'...
Shall nose around a bit and report if I find anything shocking.
i.
P.S. Looking at NYA, I must say... I can all the more see the bear case... Hate it when I say things like that...
Also, my multi-lines and pivot points have much to say about all this... laugh, if you will, but they work.
P.P.S. Oh, yes: Might mention XAU is backing up a down here... |
