Indications of a Strong C Wave Finale Blowoff - The 20 year Rally is On
Gann said trade on mathematical indications only, not emotion or opinion.
The Elliott mathematics I am looking at are pointing to February 2012 for a potential spectacular c-wave top.
With todays strong rally I believe my 1330 target may or may not be low and the SPX may be targeting well above 1400. We'll see.
In Elliott wave, wave A will often = C, however A+B can also = C.....A+B=C is what the waves appear to be showing here....
The Elliott mathematics I am looking at are pointing to February 2012 for a potential spectacular c-wave top.
With todays strong rally I believe my 1330 target may or may not be low and the SPX may be targeting well above 1400. We'll see.
In Elliott wave, wave A will often = C, however A+B can also = C.....A+B=C is what the waves appear to be showing here....
posted by chartblog at
2:03 PM
2 Comments:
Dave, do you still think we are going to another correction in your analysis? Your next day low is on 12/4, you said it is going to be in 12/5 because of Sunday weekend.Thanks
SPX drifting lower into todays Friday close suggests it may be sensing that 12/4 weakness date.
If Monday opens lower, that could be a good buy low before this rally tops out short term into 12/22 - 12/28.
December 22 is the next interesting date where we see SPX to 1330?
Regards!,
-Dave
Post a Comment
Subscribe to Post Comments [Atom]
<< Home