Does that mean that you now think we go no lower than 940 s+p in the next two years? 1240-300=940....that is some about face.
The negative is delayed 6 months and gives you more time to prepare....how do you do that and what do you do with all those preparations you made for it to start now? TIA
Not sure what the equivalent NDX levels are, but the lower channel trend line is now ~ 1820, or ~ 65 pts lower (~ -3.45%). Until that is clearly violated, the uptrend remains intact.
What I continue to be befuddled about is how the waves know *in advance* what the market will do, whether your reference is grand super cyles or minuettes. Also, why is it that when the market violates the current count, is it automatically assumed that some other count must have been the "real" one?
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