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Sunday, February 28, 2016 5:18:31 PM
Here's the correct count Jav that fits all the rules so far on the NJ daily chart.
The most recent highest high we have has to be either Wave 2 or Wave so we start there. And if that highest high on price was Wave 2, then Wave 1 had to come before that.
Also, look at where I have Wave 3 marked. It broke the previous TDI support level trendline. A shift in sentiment has to be either Wave 1 or Wave 3 but that low point where you have Wave 1 marked can't be Wave 1 because we've already identified Waves 1 and 2 prior....so it has to be Wave 3.
The rest of the count takes care of itself after that.
NJ Daily Chart...
The most recent highest high we have has to be either Wave 2 or Wave so we start there. And if that highest high on price was Wave 2, then Wave 1 had to come before that.
Also, look at where I have Wave 3 marked. It broke the previous TDI support level trendline. A shift in sentiment has to be either Wave 1 or Wave 3 but that low point where you have Wave 1 marked can't be Wave 1 because we've already identified Waves 1 and 2 prior....so it has to be Wave 3.
The rest of the count takes care of itself after that.
NJ Daily Chart...
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