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Pastimes : Da_cheifs vomitorium

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Da Rookie
Winfastorlose
To: Mongo2116 who wrote (6747)5/7/2023 5:47:23 PM
From: #Breeze2 Recommendations  Read Replies (1) of 7553
 
Mongo, here's another EW lesson for PS aka Yosemite Sam.

I've labeled the complete Supercycle Wave count for the NDX. I have callouts for the Fibonacci retracement levels and a Cycle Wave III price extension all consistent with EW rules and guidelines.

Cycle Wave V of Supercycle Wave (I) is in play. Wave fives can truncate (a double top) or extend. Too soon to project. But I labeled a price target based on its Fibonacci price extension per an EW guideline.

I've also noted a few running flat corrections so he can expand his repertoire and add to his crayon drawings.

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