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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?


To: Stcgg who wrote (269)10/28/2001 5:14:02 AM
From: Moominoid  Respond to of 2852
 
The weekly and monthly charts on that site has the 21 September low as 5 of A just like Prechter while the daily has it as 3 of 4 of A as you were saying. Inconsistency is strange....



To: Stcgg who wrote (269)10/28/2001 8:53:45 AM
From: skinowski  Read Replies (2) | Respond to of 2852
 
Alternatives… Your blue 4 on the right could be a ‘2’ (and 3 was ‘1’). In this case we are very bearish, as the 3 of 5 is about to begin.

On the other hand, your blue ‘3’ on the right could have been ‘B’, (and pink 4 was an ‘A’), and we are in the early stages of a sizable ‘C’. (Wave 2 doesn’t travel beyond the origin of 1, but ‘B’ does).

Of course, your (main) count also looks fully plausible.

Just playing with some ideas. The trick will be to see early which one turns out correct.

I'll put in here your link for convinience:

elliottwaveinsights.com