Thursday, December 10, 2009

Time Symetry

EW normally requires Wave 5 to be 100% of the time spent in Wave 1.  That requirement was satisfied to the T in the chart below.  No idea if the count is right but it does offer hope to us bears. If this is indeed the count, this may be the confirmation that Wave C is finally complete.  And if that is true, time for the fireworks to begin on Wave 3 down.

As an aside, added small position at 1105 earlier today.

1 comment:

  1. no not my last name isn't Grover..Long story actually..LOL..added some today at 1104 myself,,,thinking we have one more bounce up to load up for the me at if you want to trade charts....