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Thursday, March 5, 2020
Thursday Update (3/5/20)
[EOD Update]
[Intraday Update - 11am]
Tracking counts update - see chart and previous updates for details
Regarding yesterdays comment by MTU about this rally being a impulse wave to form Green [1] I cant see how you can arrive at that as the end of the last neg 5 down on 2 Mar is not on the open but the latter low of the day thus giving the upswing this week as being 3 waves up 3 down and 3 up. Which is why it sold off on Thurs 5 Mar.
You need to clearly establish where the last wave ends. Its not necessarily at the day's low or high.
Just correcting what i said above from the final low its 5 3 5 waves up to Wed 4 Mar peak. I didnt see the distorted micro waves in there. That gives us a b c.
Regarding yesterdays comment by MTU about this rally being a impulse wave to form Green [1] I cant see how you can arrive at that as the end of the last neg 5 down on 2 Mar is not on the open but the latter low of the day thus giving the upswing this week as being 3 waves up 3 down and 3 up. Which is why it sold off on Thurs 5 Mar.
ReplyDeleteYou need to clearly establish where the last wave ends.
Its not necessarily at the day's low or high.
Just correcting what i said above from the final low its 5 3 5 waves up to Wed 4 Mar peak. I didnt see the distorted micro waves in there. That gives us a b c.
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