S WAVE CHARTS

[snootmagruder]

Nasa,
In short, I believe the market waves to be all double zig zags.
a-b-W-a-b-X-a-b-Y A typical impulsive wave that would be followed by e wavers as a five wave pattern would have a short "W" and a deep retrace that would be the 1-2 in e wave. Then the Y wave would be extended that would have an enlarged corrective (The "X") that e wavers would count as a 4th wave. Each wave has the basic count as I labeled above, even the tiny waves. Looking at a blown up 1 minute chart or even 1 second will show this. The extended wave can be the last as I just described or it can be the first (The "W" wave) The really extended waves have a "core" "B" at the center and what I refer to as "bookends" as ends or intermediate points when the wave is really extended in multiple "bookends"
The chart below has a real good clean wave pattern and labels for the above patterns. Notice the purple down fork to the right is very similar to our current wave pattern and I'm attempting to capture the top this way. My top call of 2213 has more than wave pattern counts involved, there are wave ratios in a couple different time frames, Happy family patterns that in particular is NDX made a new high recently and also that COMPQ took out the 2000 high and NDX came just short and still needs to make that high. Others I mentioned sometime not long ago are things like the monthly BB was not pierced in the highs last year. The wave patterns can be quite complex and difficult to read, it's best to have multiple signals overlapping for extra direction.