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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: Tweets Boar Hog3/28/2021 7:51:57 PM
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crashwatch showed up here recently? Getting close to a top?

The best waver I knew passed away last year. Note I did not say ewaver.

He left those interested with a freebie tip. Instead of using all those little italics, little letters, big letters, roman numerals, etc. the tip is this. An easy simplification of sorts.

  1. If a 5 wave pattern does not extend it ends at wave 5.
  2. If a 5 wave pattern has one wave extension, it ends at wave 9.
  3. If a 5 wave pattern has two wave extensions, it ends at wave 13.
  4. And so on.
  5. If you want to look at a chart with multiple extensions, look at a longterm chart of Apple. Amazing.
  6. How many wave extensions are normal? If you figure that out you should do well.

Since the early 2009 bottom I am on wave 13 of a five wave pattern. My eyes could be different than other eyes, certainly. I.e. two extensions are present.

The seven upwaves, 7th in process, have also shown another curiosity. There has been a very prominent cycle pattern, of ~ 14 months, to nearly exact. I.e. each upwave requires a cycle or some multiple (or fraction) to complete.

14 months = 1 Cycle.
Wave 1 = 1 Cycle.
Wave 1 of 3 = 1 Cycle.
Wave i of 3 of 3 = 1/2 Cycle.
Wave iii of 3 of 3 = 3 Cycles.
Wave v of 3 of 3 = 2 and 1/2 Cycles.
Wave 5 of 3 = 1 Cycle.
Wave 5 in process. If it ends at 1 Cycle, it ends coincident with the Big Bradley Turn, May 17th. Is there something going on here? And if it ends on ~ May 17th, it ends after completing 10 cycles, timewise. I have not figured up how much time has elapsed in the down waves (yet). Offhand looks like about 1 cycle.

We have had two wave extensions, the 3rd and the 3 of 3. Per my observations which could be wrong. But I find this interesting.

I have not updated this chart in a few weeks, no need.

Tweets

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