Left hand count: That massive drop has changed things pretty significantly, at this point I have to forecast that the recent impulse up was actually wave 5 and not the start of a cycle wave # primary. I will be looking for a correction then one more down before the bulls come back in.
Right hand count: This idea has more merit now, and this is the count of Prechter from Elliott Wave International. Next best thing to do is let a corrective pattern develop before we make any decisions.
Right hand count: This idea has more merit now, and this is the count of Prechter from Elliott Wave International. Next best thing to do is let a corrective pattern develop before we make any decisions.