SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 55.41-1.2%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawkman@ga who wrote (195083)11/18/2023 1:13:32 PM
From: #Breeze2 Recommendations

Recommended By
DD™
mark2market

   of 207795
 
How about you post your wave count. That Wave 2 was an irregular (expanded) correction and not part of Wave 1. And Wave 4 did not overlap Wave 1. The EW rule is that Wave 4 cannot overlap Wave 1. In this case it did not.

"If Wave 4 retraces into the area of Wave 1, then it cannot be considered a Wave 4, and the current wave structure must be reconsidered."

There is no reference of a Wave 2 in this rule. Nor related to an irregular (expand) Wave 2.

Also in a prior post I mentioned that that wave 3 and 4 could be a Wave (i) and (ii) of a larger impulse wave. But for now I making this a conservative primary wave count.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext