Replies to post #17697 on T/A ETF AND INDEX

[POKERSAM]

A top IS a top when it IS a top. Of course it depends on what your definition of is is. LOL
Seriously, in the discussion of the last chart I posted we would be considering an intermediate (months) term top.
Very Short Term = hours to days
Short Term =days to weeks
Intermediate Term = weeks to months
Long Term = months to years

In my last chart and last post I merely pointed out some things that I have observed. There are other things, for example wave {i} is very close in length to wave {v} which is another common occurrence. If you want to call an intermediate term top based on those two posts that is entirely up to you. I am not expressing any opnion on the matter. g