If you can enlarge this chart from one of my associates at a yahoo group,it clearly shows the cycle low on DEc9th & Dec15/16
the current Elliott wave formation is looking like a rising wedge from which the next level is back to where it started, and that would be at dow 7550
Dec 9th has 2 cycles converging at 2pm
8day/52 hours
AND
10day / 78.6% segment of the 13day cycle
Jay
1 comment:
Hello Jay,
Thanks again for your comments and explaining your cyclework.
Peter.
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