Replies to post #3282 on °¿°

[Myself °¿°]

I'm so............................
Frustrated.
I had to go back to the basics and check myself
from: http://www.elliott-wave-theory.com/elliott4.html
Design alternative scenarios by labeling a chart

           1. Start labeling a chart by taking into  
               account the following rules and  
               guidelines: 
  
             • Separate impulses from corrections, an  
               impulse normally shows acceleration and  
               no overlap, a correction shows a  
               sideways pattern.  
             • Waves of the same degree should have the  
               same proportions, which is especially  
               important for waves 2 and 4. A minuscule  
               4th wave cannot belong to a big wave 2  
               and so on.  
             • Wave 2 can never retrace more than 100%  
               nor go beyond the origin of wave 1.  
             • Wave 3 normally is the longest wave and  
               shows the most powerful acceleration.  
             • In wave 3 there is never an overlap  
               between wave 4 and 1, as occurs in fifth  
               waves (and first or A waves.  
             • Label the big picture, is it a three or  
               a five?  
             • Label more in detail, by labeling the  
               smaller wave degrees initially, then go  
               back to the large wave degrees, changing  
               your labels if necessary. 

More...
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• In wave 3 there is never an overlap between wave 4 and 1, as occurs in fifth waves (and first or A waves.
This is how I had it... 3 cannot overlap 1... I submit 5 is in.


This is probably more like it and I'm praying for a pullback so I can break even or better.