Curious as to why you don't have the price action from 10/1 through 10/6 labeled.... There was significant time/energy expended through that time for it to be dismissed. I have that price action labeled as wave 1&2. If my supposition is correct we finished wave 3 Friday and are currently in a wave 4. A December top would fit the fib time frame relationship for wave 1(2009-2010) 13 months & wave 5(2020-2021) 21 months.
UnknownUnicorn493766
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timing waves well
DaddySawbucks
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yep it tapped the Fibo and rejected, EOD couldn't break over 4700, looks done atm IMO
FiboTrader1
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beautiful. exactly how I had it charted. thanks for your confirmation 👍
wavetimer
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@apierett, understand the alt is a first wave up within the final blowoff as silver and gold in summer of 79 to jan 1980 all things end in same patterns
FiboTrader1
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@wavetimer what price in the spx would confirm this alt move?
A December top would fit the fib time frame relationship for wave 1(2009-2010) 13 months & wave 5(2020-2021) 21 months.