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gdl

Followers 89
Posts 7544
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Alias Born 12/18/2012

gdl

Re: None

Monday, 05/23/2022 12:35:11 PM

Monday, May 23, 2022 12:35:11 PM

Post# of 521
IF we actually hit above 4140 tomorrow it would overlap the 5 wave structure and most wave theorist would conclude we are done with the bear for a long while. "I" see it completely different. I would call the overlap a wave TWO and all prior FIVE sub-waves only a wave ONE drop. It could also make itself known rather quickly with a 500/600 point drop from there. Would fit perfectly with the 3550 lows that i assume is still ahead of us.

I am stubbornly convinced THIS whole drop needs a dramatic capitulation style slide before any larger upside is likely. We only have till tomorrow to see if we get that large bounce and immediate reaction on Wednesday will let me now if my theory has any legs. While i call for a huge one day crash it makes sense for Wednesday to be that day BUT we can have a slow crawl sideways to down before the crash. thats why I called the ending window for the crash from this Wednesday to next Monday at the latest.

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