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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 677.48+0.3%Nov 5 4:00 PM EST
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To: #Breeze who wrote (186964)6/15/2023 3:59:47 PM
From: POKERSAM  Read Replies (1) of 218450
 
I notice that in the final impulse your wave (2) is dwarfed by your wave (4) by about 5 times. I noticed the same phenomenon on your SPX chart count. I have always thought that wave 2 and 4 in the same impulse would generally be about the same length. I have never seen a 2 less than 1/3 the length 4 or more than three times the length of 4 in the same impulse. I have never seen a 4 less than 1/3 the length of 2 or more than 3 times the length of 2 in the same impulse. Of course, it works both ways.
A more subjective consideration is that your count of the last impulse on your chart just does not have the right look. Though more subjective I am sure you are aware of the importance of the right look.
The symmetry and balance normally seen in an impulse is just not there.
Perhaps you would be kind enough to explain this.

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