Don't know about that but thanks for the kind words.. Sometimes a chart based on George Lindsay mirror image theory can be useful. This is Rob's chart flipped (hope you don' mid me using it) it gives a slightly different perspective.
Mup, flipping the chart is very interesting. Tell us more about Lindsey's theory and does flipping the chart imply that we should look for a retracement from todays high and then a rally to new highs next week?
This is the "waste" time option the W-X-Y Above 1485.5 ( leeser 61.8) then the W-X-Y comes into play.. Other wise its still the orignal A-B-C
Plan to close long position near today high when there is a lower low. If stop out, enter short position and set target at measured move. Edit: 40, 4, 20 points sideways movement, nothing can be done, except wait and see.
Status: Stop out, entered short position and reversed position at measured move as said. See chart. Scenario 1. Minuette V1]5)1.1:1 ended as a wave five failure. Minuette 5)1.1:2 finished. The Market is going to jump another 739, 82.7, 156.4 points. Strategy 1. Hold long position. Close long "Short position".