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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (33046)12/28/2018 8:16:44 AM
From: SwampDogg  Read Replies (1) | Respond to of 41420
 
I'll take the first wave of the bullish count (although shorter) and then the grey line down
imo the only question is whether the reaction high is right here or a week or two from now
based on the severity of what is coming it really does not matter

lets call it 70% the high is here

I think 2001 had a reaction high in early jan but that is just from memory



To: skinowski who wrote (33046)12/28/2018 2:42:45 PM
From: Bull RidaH  Read Replies (1) | Respond to of 41420
 
Hi Skin... Wave 1 down from the 10/3 high of 2940.05 to the 10/11 low of 2723.08 was 176.97 pts. long
Wave 3 down from the 12/03 high of 2801.52 to the 12/10 low of 2583.81 was 207.71 pts. long.
Wave 5 down from the 12/12 high of 2685.78 to the 12/25 overnight futures related low of around 2315 SPX was 370 pts. long.

Wave 2 was a complex and extended expanded flat.
Wave 4 was a very quick zig-zag that nearly made it back to wave 1's end. (alternation)

The entire ABC corrective from the January high into the Christmas Day low I have as a Wave 4, with Wave 5 up now in progress, that takes us to new and final highs. Just when Chef is ready to proclaim the long awaited recognition wave is finally here, it will be time to take break camp, pack up the tent, and head for dry ground.

Hope that helps with the analysis, and thanks for keeping this thread as the best place to discuss Ewave anywhere online.

David