Cascadia Investments (CDIV)

[Sup3rSlick46]

Annotated Chart - Please Read

I'm going to count this post as a response/explanation to all 3 of you, so listen up!

Before I go any further I would like to apologize in advance to the team for myself responding to this post. I will not be responding to anymore posts after this no matter what the response is.

Darby, I have no disagreement with you that we are experiencing a Measured Move Down (MMD). Although, I am questionable whether you are not displaying all of the facts, or you just don't see them. A "Simple ABC Correction" is a major factor here that you completely fail to acknowledge. This MMD that we are going through right now has very good potential to become INSIDE of a larger Measured Move Up (MMU)if an ABC Correction takes place. This large MMU taking place at DE(F) if AB(C) occurs (See chart below). You are correct darby, these are very strong patterns.

I see that we are both fans of Bulkowski . So far this has followed a textbook definition of the ABC Correction. I have correlated the chart of CDIV to Bulkowski's definition of a "Simple ABC Correction" below ( http://thepatternsite.com/abc.html )