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It would depend on what wave-degree rules or guidelines you subscribe to. As far as I know, they are interesting candidates for controlling the number of alternative wave counts, but they have not be empirically or theoretically validated, especially in the time dimension.
In case one feels strongly about wave degree profiles, one would prefer the green [X] or (A) of [X].
sideways consolidations are not rare, are not directory comparable. The consolidation in Nov 2019 preceded a final 1500 point ramp up in the Dow. Currently, the Dow looks to be wedging.
Note DAX breakdown on Friday.
ReplyDelete(X) down in July is smaller is price and time compare to smaller degree wave down in September. Is this acceptable?
ReplyDeleteIt would depend on what wave-degree rules or guidelines you subscribe to. As far as I know, they are interesting candidates for controlling the number of alternative wave counts, but they have not be empirically or theoretically validated, especially in the time dimension.
DeleteIn case one feels strongly about wave degree profiles, one would prefer the green [X] or (A) of [X].
MTU - note the sideways range in DJIA the past 6wks - how long has it been since we saw that before ?
ReplyDeleteNote also BA & GE.
sideways consolidations are not rare, are not directory comparable. The consolidation in Nov 2019 preceded a final 1500 point ramp up in the Dow. Currently, the Dow looks to be wedging.
Delete