Spending this weekend looking at divergences and momentum and it is giving a compelling case for the end of this wave next week or so. But what would be the count to support it? The potential Ending Diagonal fits the bill. But the problem with that count is the almost running flat that it would create. Not that this is the rarest pattern in the world (which goes to the "expanding ending diagonal" which is 99.9% of the time fictitious when someone identifies it as such) but it certainly is an unsatisfying count for a Minor Degree Wave
... But, if the divergences are correct and the ending diagonal is correct, I wanted to dig deeper to see if a proper expanded flat count could be made to work, and if you view the B wave as an expanded flat itself, then this count can be made to work.
I am liking this count more and more.
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