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Strategies & Market Trends : Classic TA Workplace

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Fiscally Conservative

From: POKERSAM	2/25/2014 7:49:19 PM
	1 Recommendation Read Replies (1) of 209892

Ending Diagonal Update - It now appears that wave (iv) of the ending diagonal wave [v] did an abc from 1858.71 down to end at 1842.53. So the lower trend line connects 1824.58 and 1842.43 We can now expect a thrust up in an abc wave (v) of [v] of 5. When this abc move up ends somewhere a little above the top trend line that connects 1847.50 and 1858.71, we will have arrived at a point that could be THE TOP. You see THE TOP cannot occur just anywhere. The wave count and structure must allow for it. This is my opinion based on the evidence now present. The market can do as it pleases and dash all of our opinions on the rocks of reality. Market projections are all about probabilities. In my mind this is the most probable outcome.

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