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Tuesday, November 19, 2013

current wave retrace

click to enlarge

charts courtesy of www.stockcharts com
The retrace is in the Fib box on the Daily, that's a wave 2 to wave 3 retrace for an wave 4. Note the blue box and the previous retrace levels.

Below is the 2 hr. and the blue box retrace level.

Any break of the wave 2 (the fuchsia colored fib box) and we will retrace the  larger structure.

Is the top in?
We don't know yet.
Besides the Harmonic Elliott Wave count is pointing higher. I found another calculation of an cycle that points to 1887-1891.  if that hits I will show it,if not there's no point. One clue is it's a series of numbers From the Pythagoras series.

EDIT @ 10:11 ct , I may have rushed the 10 minute wave [v] up from the IV ED pattern. be careful!

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