Neilbob
Short

SPX market is now "noticeable" fitting a 3 of 3

SP:SPX   S&P 500 Index
since it is notceable I'm trying to fit a 3 of 3 of a C to the EW count.

and yes before you send me hate mail.... the A or B could be a 1, 2 which makes the bear longer.
Have the same wave count as you. We should have a 4 up to 2450+ before going back down to 2250 to complete 5.
Reply
are bear waves down considered 5 or only 3 wave structures?
Reply
Neilbob Reekardo
@Reekardo, there should be a 4,5 right after this. In an ABC zig zag pattern the A and the C waves are 5 waves each. Im trying to count the C ans a 5 that has an extended pattern within. so 1,2,(1).(2), (3),(4),(5).4,5
does that help?
Reply
Reekardo Neilbob
@Neilbob, yes it makes sense. do you think the spx reached its major 5 peak? or is it in a major 4 correction?
Reply
Neilbob Reekardo
@Reekardo, this count with an ABC is a correction in the original trend. I have another (not posted yet) that most other guys are showing that the 5 is done. and the trend has changed. those are the 1, 2 counts down.


Reply
Neilbob Neilbob
@Neilbob, in this count the ABC would end in a 4 and there should be one last big push up. But this count is not very well received in the EW community. Most have a much more bearish outlook in the where I have market in a question is this the top? They do feel its the top and a 5. I think that include the guy who wrote the book, Bob Prechter (but I dont pay for his count so I dont know for sure)

I'm just laying this out there for a more simpler possible count

Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out