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So you think this is just a big mess don't you? I know it looks crazy. What you see, provided you don't go blind first, is a combination of Fibonacci fan lines, Fibonacci arcs, Fibonacci retracements, Fibonacci extensions, channel lines, Elliott Wave theory, and quite a few cups of coffee.
It may be silly to project a market movement so far in advance, but a scenario similar to this is quite possible actually. Yes, I am found guilty of residing in the Matrix of a perfect Elliot world, but so far, for wave (5), so has the market.
Whether it plays out this way or not, I am posting this in advance so all can see it. I am not claiming it will happen this way. This is just for fun to see how closely it follows these projections. Hey, it may even prove profitable! I will make my usual comments and if needed, make adjustments.
Here is the layout:
1. Wave 3 (5) will bottom in the range of 708-717 between March 3rd and March 5th.
2. Wave 4 (5) will top in the range of 766-780 between March 12th and March 25th. This one may be choppy just like 2 (5).
3. Wave 5 (5) and P1 will bottom in the range of 641-625 on April 7th.
来至: http://kennystechnicalanalysisblog.blogspot.com/ |
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