user100000

user100000

I've shifted some labels on the triangle and added some more detail for the sub waves. It makes more sense now. I believe the market is at the end or close to the end of the triangles' (C) wave. (D) wave is next

user100000

I think it may be a triangle. Primary wave 4 isn't complete yet

user100000

I've labelled the 11780 high as wave 1. currently market is completing wave 2 (or may already be over?)

user100000

I believe wave 3 is extending. we seem to be having a 1-2-1-2 situation.

user100000

Small update... Wave 2 of (1) ongoing

user100000

the target for primary wave 5 wasn't so much affected by this deep correction (~88K). it has been just pushed farther away by a month to the end of December. Wave (1) should take out the ATH probably by April

user100000

Primary wave 4 correction is complete. This is the final wave v of 5 of (C) of 4.

user100000 Updated 

OK, this is the best count of the (C) wave. it looks good imo. the fifth wave ends at a classic 61.8% of waves 1~3. and the fifth wave also touch the lower channel (it's own channel) and the larger channel...... i believe this is it! finally don't miss monster divergence too!

user100000 Updated 

here is my cleaned up chart for the primary wave five. this is the main count from this point forward. i do not think the expanding ending diagonal is correct idea because the shape just doesn't have the right look about it basically we can do the primary 5 impulse wave fast or slow. i have no idea. wave 5 touching the upper channel is correct from an elliott...

user100000

i am following three counts so far. i) black color... expecting wave 5 to 25K (invalidated if overlaps with black 1) see next option... ii) pink color... assuming pink primary wave (circle) 3 at 19.6K and almost complete pink primary wave (circle) 4 (already retraced 61.8% of pink primary 3). expecting primary pink 5 to unfold to ~90K iii) green.... expanding...

user100000

here is an alternate count IF we do get an overlap of waves 1 and 4. we get an expanding diagonal. wave 5 is typically 161.8% of wave 3 (about 30K depending on wave 4 low)

user100000

ok, the market was still in wave 4 correction. i believe it has completed (see 15m chart). re the upcoming wave 5. i don't believe we can exceed 26K because of the deep wave 4 correction we've had. worst case is double topping at 19K for the end of primary wave 3

user100000

here is the wave (v) chart. the wave 4 correction is now complete. i will post the daily chart next

user100000

im looking for a double bottom for the final fifth wave of c of (y)

user100000

wave two's wxy correction seems to be complete. expecting strong advance as wave three unfolds

user100000

market quietly broke above the purple downtrend line. a change of trend is imminent

user100000

It took 15 days to clear wave i decisively on august 5. we are in day 5 of sideways price action... i compare these two because they are the same degree wave 5. just trying to put things into perspective

user100000

we seem to be in the early stages of wave circle iii. a leading diagonal was the first opening move. this pattern is only reserved reserved for wave one in an impulse wave so that gives us confirmation of where the market is at the moment