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#1 LarryT

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Posted 08 September 2018 - 08:59 AM

https://pbs.twimg.co...8AYU8AAPYin.jpg

My wave count has the January 2018 high as wave (3) high within the wave FIVE off the 1810 low Feb 2016. I have wave (4) a triangle completed
May 2018. Waves 1, 2 completed July wave 3 in progress. Here is the big WHAT IF, if the SP-500 easily takes out the wave 3 1.618
extension THEN 3050 to 3062 is the second Fibonacci extension wave 3 target and we party on. But, WHAT IF the second attempt at 2935 fails AND 2800
is easily traded below? That indicates the advance off the 1810 low has completed. So, in the fullness of time the truth will be found.

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#2 CLK

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Posted 08 September 2018 - 10:34 AM

So, you are saying a truncated fifth may have completed now ?



#3 LarryT

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Posted 08 September 2018 - 01:01 PM

So, you are saying a truncated fifth may have completed now ?


No, fifth wave still ahead. Wave 4 low possible Friday anyhow the big if occurs at the second advance into the yellow box, fails advance from 1810 finished
advances easily above party on.
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#4 tsharp

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Posted 08 September 2018 - 01:21 PM

Hey Larry,

 

We appear to pretty much be on the same page, though I think wave-iv is complete... twt.

 

SP00_60_9.7.18.jpg



#5 LarryT

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Posted 08 September 2018 - 06:34 PM

Hey Larry,
 
We appear to pretty much be on the same page, though I think wave-iv is complete... twt.
 
SP00_60_9.7.18.jpg

Yeah, odds are decent, next week has an up bias from natural cycles
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#6 slupert

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Posted 09 September 2018 - 06:30 AM

Formation is too orderly, shows accumulation, a little steeper than anormal bull flag, but should get a nice bounce.JMHO



#7 tsharp

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Posted 10 September 2018 - 09:12 AM

Best guess right now...

 

SP00_60_9.10.18-1.jpg