imho, Use 2079.76/2.500 (root 1075) in chart (3) as a gauge is more compelling than use wave 3 extrapolation out of ‘five minor waves’.
archive:
Thursday, 11/13/14 11:33:11 AM In the past quarters, not every ramp knocked out the major Fib point at the first attempt. For example, 1474.51 (actual) vs. 1481.56, ... etc. No matter it was a successful or failed attempt, there was a sizable pullback.
(EDIT: we are getting closer and closer to see another sizable pullback)
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