Check Spyder's original chart for 9/8 posted near the market close. http://www.elitetrader.com/vb/attachment.php?s=&postid=2058754 Note bar 5 and bar 6 both have decreasing volume after the pennant BO. Increasing volume didn't come in until the next (IBGS) bar. This is the also way it appeared in my charts real time as I remember it clearly. So I must assume Spyder saw it this way also in real time and still made the same decision about the validity of the point 3. Sometimes that's all you get to make your sequence.
http://www.elitetrader.com/vb/attachment.php?s=&postid=2061879 The last bar of the second Point Three Up does not result from Lateral (either Movement or Formation) BO / FBO or from a Pennant / Adjacent bar Even Harmonic BO / FBO.
Yes, I noticed that. Probably became increasing after refresh. But still makes no difference for our purposes: the increasing red in that traverse did not come from Lateral (either Movement or Formation) BO / FBO or from a Pennant / Adjacent bar Even Harmonic BO / FBO.
http://www.elitetrader.com/vb/attachment.php?s=&postid=2061876 It's an accelerated Traverse. Would you agree that the purpose of annotating an accelerated Traverse is different from annotating an original Traverse if one looks at the market in terms of repeating sequences. Think about it. What is the purpose of isolating formations that appear to be a Point Three formation (where increasing volume comes from Lateral (either Movement or Formation) BO / FBO or from a Pennant / Adjacent bar Even Harmonic BO / FBO) from Traverses? I think it is to make the sequences more clearly evident and easier to keep track of. So, it is not an arbitrary decision to differentiate where does the increasing volume comes from - but a result of observing the seamless flow of sequences. In case of an accelerated Traverse, I think, one starts counting down another sequence (flaw, VE before FTT) and how an accelerated Traverse is formed, I think is irrelevant, because we already have channel sequence and original (orange) traverse sequence completed.