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tonywrote:
Hi!
Based on OEW a bear market started in 2000, and ended in 2002. Then a bull market ended in 2007 and a bear is currently underway. Since OEW does quant analysis I have not considered any other count. tony
May 7
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sometimeswrote:
Tony do you think possibly anyone has considered that there was a 5th wave extension in the Dow & S&P in 3 that started in 1996-1997 and that 2000-2009 is a big flat A,B,C with the EWT rule of double retracement playing the role of the A,B,C or is the actual time dimension too long (ie comparing II with IV).
Alternatively the extension may have started somewhat lower in both indicies and we have finished A down - now doing a of B up (Ah the pain of going back near the highs) then C back to either the March levels or lower. I know these 5th wave double retracements are a real trap (we'used to see them occaionally in the Asian markets a few times on a minor count level). The B wave up is a great suck in and the counts are really hard but the C wave back down really spits everyone out at the bottom as it nears the bottom of A
May 6
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Hectorwrote:
Tony ...yes Each bar 9 days from ...bestfreecharts.com ...best for long term analysis.
http://www.bestfreecharts.com/?emailChartID=0195a730-2d23-4ebe-8cc5-0176d5916de6&gclid=CKqeiqTmuZgCFQjXbgodm1KZZg
Apr. 15
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Happy Valentines day -
Feb. 12
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