I'm publishing this as an alternative EW count. I've been suspicious of many of the attempts to label the waves off the 2022 top. This hypothesis will be labeled as a "WXY" to label a double zig zag pattern
On the ES...my assertion is the true top was in Nov 2021.
The ultimate top was part of a three wave move that I'm counting as part of a series of three wave moves making up the eventual decline to the June 15th 2022 low. I'm labeling this structure as W
From that point the move up to the Aug. '22 high was a three wave affair that I am labeling X.
The move down from that point to the eventual bottom in October was clearly 5 waves... (The first such decline wave pattern off the '22 top) This gets labeled A of Y
The next structures make up the abc of B of Y.
The ensuing move down, should this unfold as illustrated, will ultimately take out the Oct '22 lows. The Star on the chart is positioned perfectly at the 1:1 ratio of W:Y
This is being published as an alternative to my previous posting for the ES/SPX road ahead. See link below. Best be prepared!
Here is another view with a lower fib level depicting the "nuclear" pathway..
On the ES...my assertion is the true top was in Nov 2021.
The ultimate top was part of a three wave move that I'm counting as part of a series of three wave moves making up the eventual decline to the June 15th 2022 low. I'm labeling this structure as W
From that point the move up to the Aug. '22 high was a three wave affair that I am labeling X.
The move down from that point to the eventual bottom in October was clearly 5 waves... (The first such decline wave pattern off the '22 top) This gets labeled A of Y
The next structures make up the abc of B of Y.
The ensuing move down, should this unfold as illustrated, will ultimately take out the Oct '22 lows. The Star on the chart is positioned perfectly at the 1:1 ratio of W:Y
This is being published as an alternative to my previous posting for the ES/SPX road ahead. See link below. Best be prepared!
Here is another view with a lower fib level depicting the "nuclear" pathway..
