mlsoft: Well I never base my analysis on just one trend line, indicator, etc. I don't think Don W does either. Since he is considered one of the premier EWave analysis in the world, I would guess that is playing a part in his analysis as well, but that is just a guess.
I tend to lean toward my own analysis and have since the eighties. But I don't dismiss others work unless it is clearly done incorrectly per my experience. Since I don't know exactly how Don arrived at his conclusion, I am neither in a position to argue his expectation (unless I arrive at a similar conclusion via my own work) nor am I in a position to dismiss his expectation.
Are you privy to the complete analysis structure of how he arrived at his expectation? Just curious since you are so certain...
Regards,
LG
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