The interesting thing to me about your count is that it is most likely to happen in the way you have it laid out. That move we saw today was not impulsive and definitely an ABC off that low at 6450. Which means we're looking for 5 more waves down. A long position could be taken from the 4900 area considering if we see a corrective wave structure form, like my count is indicating, it would most likely have to form an XZ wave down at this point as my count down from 11,640 is WX and currently half way through Y. And a long position could be exited with profit if that were to occur.
made me interested so I looked and don't you know .382 retrace of the A wave in the Y would give a 1:1 projection of your target. Thanks for the insight the picture is starting to look a little clearer. One of us has the right count and it will be easy to qualify based on what we see over the next couple weeks. I'm hoping your right and this market pushes up toward that 27000 after this Y completes. That would make for a great year.