where does your count put the highs in on the sp? i reckon we are going to 1330 ish before trading down into the summer making a decent bounce into end of year
Rothschild - I would guess that SP spot index 1320 area could be where the reversal starts. We need to pay attention if SP ever moves to that area to see if there is any sign of exhaustion.
Not a bull, not a bear, I am just a wolf ... 偶還是習慣稱行情漲為紅盤跌為慘綠
Waves [[[A]]]-[[[B]]]-[[[C]]] are not 3-3-5. [[[A]]] is definitely a 3. [[[C]]] is highly possible a 3 too. [[[B]]] could be a 3 or a 5 depending on how we see it.
[[[D]]] and [[[E]]] are part of [[[[IV]]]], where the assumption is that they are in a wave-4's abcde triangle. (See above chart.)
The purple line has the assumption that [[[A]]]-[[[B]]]-[[[C]]]-[[[D]]] have completed, and now we are in [[[E]]] to form [[[[IV]]]]. An alternative count is that [[[A]]]-[[[B]]]-[[[C]]] has completed the [[[[IV]]]], and we are in the early stage of [[[[V]]]].
Not a bull, not a bear, I am just a wolf ... 偶還是習慣稱行情漲為紅盤跌為慘綠
[[[A]]].[[C]] becomes [[[[IV]]]]
[[[B]]] becomes [[[[V]]]]
[[[C]]].[[C]] becomes [[[A]]]
[[[D]]].[[C]] becomes [[[B]]]
If this is the scenario, we are in [[[C]]] now, and it could go to 550-650 when it finishes.
Not a bull, not a bear, I am just a wolf ... 偶還是習慣稱行情漲為紅盤跌為慘綠