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I don't apply these to such short time frames normally, but
Wave 3 is always the biggest hump so what you wave is a big wave 3 off
Fridays low, wave 1 happened about 8:36 CST in the rise to 1323.30 (right
after the open, I am using a pit only SP chart too), the decline at 8:56 to
1319.70 was wave 2, the rise to 10:02 1334.50 was wave 5, the decline in an
ABC to 12:06 at 1326.50 was wave 4 and it is attempting a wave 5 rally from
there. However since I do not know the PTI I have no idea what the chances
are it will make a new high (or a MOB target off the wave 3 if it does). I
am EOD AGET (60min, daily, weekly, monthly charts) not RT. My real time is
with Ensign (all time frames, but no AGET).
So to answer your question your numbers are more like the minor internal
count of the wave 3 mentioned above. Although I believe the counts should
work in a lower time frame, they must change frequently.
don ewers
----- Original Message -----
From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, February 12, 2001 10:48 AM
Subject: [RT] oops
> speaking of 5/35
>
> does this agree with anybody's count today?
>
> Michael
>
> wl7bdn@xxxxxxxxxxxxx
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
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