One wave should be a complex pattern, if not (c) then (d).
Thursday, October 20, 2011
Price action again today supports the notion of a [b] wave correction such as a triangle. The thing to remember about triangles is that we tend to want to rush the labeling too early. Hence the "or (c)" I have between 1190 and 1197 sometime tomorrow or so. So patience is needed.
Posted by Daneric at 4:18 PM