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thatsblatzphemy
Nov 29, 2020 10:48 PM

> ElliotWave >< complex 5-3-5 WXY zig-zag (green) >< WaveFour > 

E-mini S&P 500 FuturesCME

Description

As title suggests, we are currently mid way through a dragged out complex WXY zig-zag.

This is the final wave 4 of the unwinding 4-5 4-5 4-5 of concentric 1-2 1-2 1-2's that began VDUMP lows.

These unwinding market torrents are remnants of the initial impulse off the VDUMP lows from previous posts. corroborated by the highly complex interior os the beginning of the structure highlighted by the 5 degree complex WXY and the 2 idencical "BAK" WXY wave 2 and 4 in the first of the 5 waves of the Simple ABC zigzag inside.
Comments
Barkworth


Long did I hold on to the idea that an ending diagonal was forming, until a correction came that ruled the whole idea useless. When I recounted, I came to what I have here, and remembered this post and our conversation. I have continued to practise daily, and I understand now, what make a correction complex. I also understand now, how you could predict this move, based on the way we entered into the setup.

Am I correct to propose (4) near completion and (5) about to start, taking us well into the 4.000's? (will be a 5 wave move, ignore the silly double curve.)
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