Permutation 99x
Ian Andrews
Professional Freelance Writer | Certified Copywriter, Creative Blogger | 13+ Years Experience *** Professional Elliott Wave Theory Analyst | 33 Years Experience
Ever since the beginning of the rebound from the March 23rd Low, and leading into mid-September, the early 3-wave form on my TRACTAL? charts that started @ the March low, and ended early June 8th with a top, I have been uneasy about the Elliott Wave count.
Within the blue circle follow the red line "up-down-up" into the boxed letter "a". Very clearly a 3-wave move. I thought that was a-b-c of wave 1 of a diagonal ending triangle.
The subsequent move had to be an a-b-c move too. And it could've been in there - the up into boxed "c", red-1. But, it clearly looks more like a 5-wave form.
My colleagues had a count in the beginning, then switched to another - I told U the Mkts were "dynamic". But, their counts left me feeling uneasy too.
There just wasn't a certain "beauty" to them.
"EVERYONE" has had the correction move of Sept 9 to Oct 30 as Wave 4. Me included.
It wasn't until I posted my article on "Dynamic Sk Mkt Permutations" when I was able to catch up on some of my other charts, and low-and-behold, THERE IT WAS.!!!!!
What everyone had as wave 4, COULD VERY POSSIBLY be wave 2 instead. So I dug more and more. Recounted my TRACTAL?s and binary? Elliott Wave charts, and my dL-Tertiary? charts.
I can't believe how well ALL the counts, on All my proprietary charts, "lay out" so nicely. No awkwardness. No grimacing at some part of the count.
Note the red star above.
Now, compare to the "old version" chart below - red star @ wave 4 - uh uh, I think. Now.
Here's Permutation 89 from my earlier post - the permutation that says the Top is in. Note, Wave 2 bottom is now in the "red star" place - "old wave 4".
However, the ABOVE chart says 5 waves are in. (or 5 waves of wave 1)
But, you know I've said many times I have a knack for picking the top of the 3rd wave, thinking it's the top of the 5th.
Well, I'm gonna try and learn, and think just maybe, according to all my other new counts, all my other charts and data, that THE TOP IS NOT IN, IT'S ONLY THE TOP OF THE 3RD WAVE.
Finally, here's my dL-Tertiary? Elliott Wave chart - it too, has a much more aesthetically beautiful wave count.
So, Wave 4 is in progress, maybe over, BUT, you know how the markets love to dawdle, so.....
We'll know when 4 is over, because there will be a decent move to the upside.
That is, assuming my Permutation 99x is correct.
STAY TUNED.!!!!!
BSOT Ian
#IanAndrews #efemeril9 #copywriter9 #dowjones #s+p500 #Nasdaq #Russell2000 #ElliottWave #ElliottWaveTheory #MoosePassAlaska #CooperLandingAlaska #marketingdirectors #copywritermarketer #RAStriggers #reticularactivatingsystem #resourcefulness #digitalmarketing #summitlakelodgetrio #Wilson #wintersolstice #theDalaiLama #JackNicholson #TomHanks #SeanPenn #JohnForde #fintech #productivity #careers #leadership #jobs #socialmedia #management #emailcopywriter #entrepreneurs #B2B #blogger #blogging #entrepreneurship #startups #emotionalintelligence #hiring #creativity #personaldevelopment #contentstrategist #innovation #culture #technology #Bitcoin #blockchaintechnology #blockchains #tractal #motivation #humanresources #neuralnetworks #jmhurst #japanesecandlesticks #johnnydepp #wargames #inspiration #success #sustainability #ai #education #branding #economy #covid19 #coronavirus #JohnGalt #AynRand #AtlasShrugged #GaltsGulch #Telluride #twilightzone #DaffyDuck #ElmerFudd #fibonacci #rabbits #TheDavinciCode #fibonacci #JohnTravolta #VinnieBarbarino #WelcomeBackKotter #GANN #theFatLady #binaryElliottWaves #itAintOverTillTheFatLadySings #KeepOnTruckin #DejaVu #fireweed #TheFOG #DrWHO #Tardis #hippocampus #seahorse #bearclaws #DandyDon #KateSmith #PhiladelphiaFlyers #mushrooms #Crumb #keepontruckin #mycology #mushrooms #fungi #trout #fishing #troutfishing #DamonandPythias
Portfolio Manager * Managed Accounts * Risk & Capital Optimization
4 年Based on Friday's close (green doji) and miserable action the past two months (usually a tell-tale sign of a wave 4), I'd say that wave 4 is over. A gap up tonight wouldn't surprise me and if it happens and is sustained into the morning session, we would be on our way to your wave 5 top, which could easily be another 1k s&p points.