Short Term Trading Member Forum

[Chuck703VA]

RCKS, something like that.

We've had a larger fiver up to 1885.

followed by a three waver correction to 1776.

Now we have a smaller fiver up which I expect to be
followed by a three wave correction (we're in it).

So yes, we are in Larger 5.1.3 up or Larger something.b.c up (down overall) or something like that. When we are in a situation like we are I try not to number out both views as it is time consuming for me to keep both bullish and bearish views up to date. It is probably most confusing when A or 1 appears on a chart....Occasionally I have put a red/green set of labels on a chart to show both views.....maybe its time for me to do that to clarify things in my own head;....(not sure that's possible)......