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Pastimes : Da_cheifs vomitorium

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From: #Breeze7/23/2023 9:39:20 AM
2 Recommendations

Recommended By
Mongo2116
Steve Redding

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Mongo, as I expected PS was triggered by my post. He just wrote: "My chart shows that we are in [2] of Cycle wave A of SuperCycle (II) which will be a cycle degree ABC. Due to the retrace the count went from an AB to a [1,2]. Any novice EW can look at this chart and see that wave [2] is an ABC".

The chart I posted was a projective wave count of his silly notion. Below is are diagrams of an Elliott Wave ABC zig zag. At the upper left you'll see the first three steps in the journey he's tacking his subs. He's projecting Armageddon. All I did was take his ridiculous wave count to its conclusion to a price of 282.

He went on to say: "....You cannot figure out how 4818 to 3491 could be [1] due to your limited knowledge of Elliott Wave."

I have a response: Well dumbass why did it take you 9 months to label the Oct low as a Wave [1]. The reason is that you're not an experienced Elliott Wave practitioner. If you were you would not have revised your primary wave count THREE times. When the SPX makes an ATH your current count will get invalidated.

tradingview.com


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