Monday, April 09, 2012 8:45:43 PM
SPX fork synopsis
So break thru the bottom on the top fork and we go just below
the warning line (median line of the lower fork).
Just as andrews rules say.
Then we rally and fail at the median line of the down fork.
Why did i believe we would fail there.
1- We were in wave 4 up
2- returning to the median line is a magnet
Again draw symmetrical forks up and down and double forks when
you believe the first fork will fail.
I was to early precicting the wave 4 end.
What did it do wrong. A wave 4 is up down up.
I called the first up as the end of the 4.
So 1368 seems likely. FORK below
So break thru the bottom on the top fork and we go just below
the warning line (median line of the lower fork).
Just as andrews rules say.
Then we rally and fail at the median line of the down fork.
Why did i believe we would fail there.
1- We were in wave 4 up
2- returning to the median line is a magnet
Again draw symmetrical forks up and down and double forks when
you believe the first fork will fail.
I was to early precicting the wave 4 end.
What did it do wrong. A wave 4 is up down up.
I called the first up as the end of the 4.
So 1368 seems likely. FORK below
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