Ellliott Count for Strong Rebound
Potential for a strong B wave rally here...if we just completed an ABC zig zag (red letters on first chart)...
Some statistically bullish astro cycles should be ahead into that Gann 90-98 calendar day window mentioned several posts ago...
Some statistically bullish astro cycles should be ahead into that Gann 90-98 calendar day window mentioned several posts ago...
Time - Gann said watch for moves of 90-98 days to culminate trends. Finding the top of this near term trend would then likely be a nine day window of 11-20 into 11-28 (90-98 days off the c-wave low of Aug. 22). This is also the 1 year anniversary of the Nov. 2010 lows...(another important area to watch for change in trend.)
Gann mentioned to beware of moves of 49 calendar days. That 49 day move ends 11-22. Add these all up and we enter a very active cluster window.
posted by chartblog at
2:21 PM
3 Comments:
Dave- Also Nov 22/23 is a Bradley Turn date, last turn date was Oct 28 (top)
The what if :
what if the late november time period ( nov 25th -28th ) becomes a low ????
food for thought posted here
http://www.tradersaffiliates.com/WEEKLY%20UPDATE.htm
Dec 6th 10th is important for the
trend into year end as is nov 25th
28th.
I like all of those dates. My rally looks like only a wave D.
November 22 may end wave C
December 6 may end wave E
Bullish wedge appears to be forming on the Gann 20 year lows due December....chart on latest post.
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