Son of If You Can Draw a Straight Line . . .

I did not and would not say this!

 

Aha, so this is why this was a whole new wave and not just a RET of the previous upwave...

Is my Aha moment a valid one?

 

What sorcery is this? Multiple personality syndrome?

 

Depends on where you're seeing retracements.

 

Just sloppy quoting and no proof-reading.

 

I'm getting confused here. Isn't RET when/if price starts rising up from here and not before? Price is at 3210.

 

not sure why the dislike but oh well just trying to learn

 

There are seven retracements from the open to the high, but they don't mean much if one is already long, unless one is scaling in, but that's outside the scope of this exercise.

Back to the last chart . . .

 

The chart says what I saw.