Sorry, no Tommy Boy for this title. Just some Arrested Development.
I really hate this count. Because the subwaves do make me want to vomit. They are not clean impulses. But yesterday we did get acceleration, which we expect in a 3. Breadth did increase. Which we also expect in a 3. And we got follow through today.
So until proven otherwise, the count after the triangle is most likely an impulse. Just don't zoom in past a 15 minute chart. .... (BS). I hate counts where you have to hold your nose to believe them.
.... oh well, that is the nature of the beast and the counts in a bear market rally I suppose.
From E-T: Weekend Post – March 10, 2018
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There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago