Cowboy I moved my iv to 1 / 30 ( working on V of 3 ), yields I II, i ii iii iv of the next wave, will be a sell on the next 5 up from 22.22 at III ??????????? 21.45 / 22.06 yield fibs at 22.43 and 23.04. Set to sell at the 23.00 area, 22.43 seems to close to the top of the recent iii at 22.37. Still early in the day, wondering if a retrace to 22.44 and a run to 23.50 or 24.00 is possible today. ?
Good Morning Sharpie and Good count. Yes, V of 3 is correct on Medium Chart.
In this current V, we just finished the iii at 22.51 (chart shows 22.49) and are now working the wave iv. On the wave iv, we have already hit the minimum retrace at 22.38, but would expect us to retrace to either 22.30 or 22.24. Then we will head back up to finish the v at 23.02. I will also sell at this level. That will then complete the v of V of 3. After that, we will head into the Medium Wave 4. This Medium Wave 4 (down) should take quite a while to (as all Wave 4's do and the bigger the longer :) ) to complete.
Sounds right. eating up some time with this iv, 23.0-, may take Monday and Tuesday, or at least part of Tuesday to retrace the IV, 22.35 ?? Then #$%$ for Wave V = 3 near 24.80, 4 retrace a full week down to 22.72, V of 5 = Wave I of 3 near 27.15 on the larger scale from 17.75, yeah numbers will need some adjusting along the way, but seems to be a good framework, grin, enough to pay the mortgage on the cow!