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Pastimes : Da_cheifs vomitorium

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Mongo2116
Steve Redding
To: Mongo2116 who wrote (6701)4/11/2023 6:13:31 PM
From: #Breeze2 Recommendations  Read Replies (2) of 7553
 
SPX Wave Count Update. Subway 5 of iii in play. Projects to 4272.95. A move above 4195.44 takes out the Last of the Mohicans' Bear Wave Counts.

tradingview.com

"When a two ends three follows. We have completed a wave two up and now we get a wave three down." - PS

So a move above 4195.44 takes out "wave two" and that invalidates PS' wave count.

tradingview.com

And BTW PS keeps changing his count. The last chart he posted in his header was a WXY correction. So I labeled a correct EW wave count for him. It's a ABC or a 3-3-5 pattern.
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