coolioyo

The long, winding, frustrating B wave

CME_MINI:ES1!   S&P 500 E-mini Futures
Triumph to the patient! This B wave has certainly tested the patience of any skilled EW counter. There were alot of bear traps, but we are very close to the top. If this count is correct we should be topping this month. The alternative is a triangle that will last till the EOY, but I have yet to see a legit triangle, alot of times triangles can be counted as flats or 4th and 5th waves combines with 1s and 2s , but that's another discussion. Should be hitting the upper trendline to signify the top.
Oct 08
Comment: by of Y can go lower and hit Aug 26th lows before bouncing, this would fit with an expanded flat.
Oct 08
Comment: b* of Y
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