CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: kckip who wrote (38515)	5/3/2021 3:42:00 PM
From: skinowski	Read Replies (2) of 41493

Yes, from the early March low. I seldom look at the DOW, but in this case as of this morning it had the clearest W4 picture. The 5th, as you say, would have to be relatively small. Not ideal, to have the 1st the longest, but not against the rules. On NDX and SPX the 3rd is a lot longer that the 1st. The interesting question is - what’s next? On SPX, I can see a possibility how this “could” be the last leg up counting out of last year's March low. I think, one needs to be prepared for a larger correction... and then, the pullback will tell the story... -g

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