|May 30th @ 7pm|
NOTHING has changed, and the EKG DAILY projection is STILL HOLDING an
80% accuracy record since Jan 2011 - which is simple to check out - just go back to January
and review each projection against the actual which is also posted every eve after close
It might take a few hours, but have at it.
258bars & negative energy at 10am
Im labeling the May correction from 1 to 5 , but it might be more properly labeled a-b-c-d-e
It really looks right for the numeric labels, as wave 3 broke out into 5 waves of its own.
We will really be able to tell better in retrospect, but for our purposes and for actual trading
it doesnt matter right now.
However, I was told by an Elliotter that numbers are impulsive, and letters are corrective.
Numbering infers wave 1 will end at 1296 area, and IMO thats tomrrow.
but IMO, It looks like a 4th wave with 5 to follow starting June1st as previously proposed.
We shall know the answer shortly as a wave 2 should not recover more than 78.6%.
We do know that wave 3 top at 1370 on May 2nd did recover 78.6% from the March 9th low.
and could also be the target for a failed 5th wave or ending diagonal which shows exhaustion of the trend.
ps- thanks for responding to my OFF TOPIC - we need to remind POLITICIAN'S they work for US.
And we can get rid of them just as easy as it is to vote them out.
thats whats great about this country, WE CAN WIN WARS WITH WORDS.