Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 58.08

+4.9%

Jan 15 4:00 PM EST

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To: CrashDavis who wrote (83257)	6/26/2013 7:42:28 PM
From: #Breeze	Read Replies (1) of 207837

Wave 3s usually have the highest vol. in a count. See vol. circled. So I think Wave 3 of C arrived at that point. So the move up from there was Wave 4 of C. And the move from there is 5 of C. Wave ii of 5 of C is complex so Wave iv of 5 of should be an simple abc. Wave i of 5 was $150 so wave iii of 5 should approximate 1.618 of 150. Which I used to model the completion of 5 of C. But Wave iii of 5 could have ended today And Wave 5 could truncate. Anyway Wave 5s can drive ya nuts.

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