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Wednesday, December 18, 2019

Elliott Wave Update ~ 18 December 2019

I have a count again.  Not much different than other major counts in the past but trying to make sense of the past 2 years or so. This supposes the last segments of 5 of (5) of [5] play out in some kind of ending diagonal.  
That would imply a sharp drop is just about upon us down to 4 of (5).  The alternate count is that red wave (5) continues advancing in a more normal manner for a longer period of time with no overlapping of waves 1 and 4. 
Comments are not working for now. I'll try to get them going again in the future except they will be moderated much more closely than before. No timeline on that for now.

All I can say is that I am happy to be blogging wave structures and counts again, and look forward to posting a whole hell of a lot more than I have been. Somtimes life doesn't afford us time for our hobbies.

Wednesday, December 11, 2019

Elliott Wave Update ~ 11 Decemeber 2019

There's not a great count for all of this. So sometimes its just better to draw a bunch of trendlines, support, resistance, and channels and see how prices react.