Current wave status for a weekend study
Hopes that,we are in an Expanding (irregular) 5 3 5 Flat correction. Flat corrections tends to occur, when the overall trend is strong, so it almost always precedes an extension. The powerful the trend the swift the flat to occur. All we are talking here about the assumed internal wave 2 of the Minor wave 3 (Black label)
It seems like the move from the 9218 top is an irregular correction, where the wave a, and wave b is completed, now we are in iii' of wave c.
The above count was already posted in advance and no change in it. Alternately If we are in B correction start from 6826 the negation point is 8950. Below that we may fall deep.
On the other hand greater advantage of Irregular Correction:
Irregular Correction have great advantage and can give us handsome profit if we manage to identify it as next wave always break previous high after completion of Irregular Correction. Means, market always break start point (9273) of wave (c) of irregular correction after its completion.
This view is compatible to the main count, which I already post in my previous posts as follows:
Click here to see the GANN calendar
i.imgur.com/IK5DUx4.jpg
It seems like the move from the 9218 top is an irregular correction, where the wave a, and wave b is completed, now we are in iii' of wave c.
The above count was already posted in advance and no change in it. Alternately If we are in B correction start from 6826 the negation point is 8950. Below that we may fall deep.
On the other hand greater advantage of Irregular Correction:
Irregular Correction have great advantage and can give us handsome profit if we manage to identify it as next wave always break previous high after completion of Irregular Correction. Means, market always break start point (9273) of wave (c) of irregular correction after its completion.
This view is compatible to the main count, which I already post in my previous posts as follows:
Click here to see the GANN calendar
i.imgur.com/IK5DUx4.jpg
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