The $ index rose today. As long as the pink line remains intact there is no issue with this idea
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Price is still playing between the 2 pink lines. So it appears that that this is no man's land. It is a good idea to sit on one's hands and wait for a strong move either way
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Not the move I was looking for. However the pink line is just about intact. Monday could clarify things
"Nice Post and Comment" -- Thanks
One of several Wave Counts to think about at this time -- 4-10-2018
The 4-6-2018 high 90.60 could (May) be the end of Wave "E" of 4th Wave Triangle.
Starting date = 1-25-2018 low 88.44 -- This Wave Count could be 100% wrong.
Only time will tell.
Olu
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@jeffreyjim, That count is very possible. The top pink line borders price nicely and the 3 wave divisions are all in there as well
One of several Wave Counts to think about at this time -- 4-10-2018
The 4-6-2018 high 90.60 could (May) be the end of Wave "E" of 4th Wave Triangle.
Starting date = 1-25-2018 low 88.44 -- This Wave Count could be 100% wrong.
Only time will tell.