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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (20296)9/6/2024 12:21:34 PM
From: Augustus Gloop2 Recommendations

Recommended By
Kirk ©
Return to Sender

  Read Replies (2) | Respond to of 26472
 
The line has to be 98 or so

But I think we retest 90

jmho



To: Kirk © who wrote (20296)9/6/2024 1:37:33 PM
From: #Breeze3 Recommendations

Recommended By
Augustus Gloop
Kirk ©
rdkflorida2

  Read Replies (2) | Respond to of 26472
 
Kirk, I was anticipating a Wave 4. A Wave 4 is a retracement of the entire gain of a Wave 3. Wave 3 started at 97.52. So that's why I started the retracement ruler at that point. Also a Wave 4 cannot fall below the Wave 1 high. That happened today. So my wave count got invalidated. So I have to post a new wave count. Primary Wave (circle) 4 did not end as I labeled it on the chart I last posted.

The typical pullback has three legs. Which Primary 4 did. However a deeper pullback has a deeper three legged pattern. An ABC decline (A), an ABC rally (B), then a five wave pattern (C). So a larger ABC. This is the pattern that is unfolding.