What Does a Fractal Look Like?
Wednesday, April 20, 2011
we had a "H&S trap".
We need to see 5 waves from 1294 to rule out the truncation 5 or the abc down for a large C (Alternative count in blue).
another alternative (not on this chart) in that a 5 waves up from 1294 will finish C wave for a final Z wave from 1007. This cenario coul bring a "inverted H&S trap".
Monday, April 18, 2011
Friday, April 15, 2011
Tuesday, April 12, 2011
Alternative count to Filipe ending diagonal (not sure if wave one was a leading diagonal).
Red is the primary one ;) and blue secundary.
Against the red one, is the fact that futures didn't made new high in 08/04, like did cash. So, it may turn out to be an abc down.
The INDU did hit a new high, for that reason i'm considering a possibility of a truncation
PS: We don't need no IMF
We don't need no thought control... lala lala-la la-la-lala