GKP - Research

- it's spooky alright...

Yes, the correction from the top does look very familiar. Only thing is, the count on that S&P chart suffers the same problem - it's got a C wave with and abc sub-structure and it's not a wave W, Y or Z.

But you're right - at least we're looking at similar options; it's just a few details we don't agree on and they're not really significant.

Thanks.

J - good discussion.... we have two alts... but this structure still looks good to me ...

also check this out looks familiar ?

www.marketoracle.co.uk/Article28766.html










lets see how this develops - either way - we both more or less agree how this is likley to play out in some way shape or form...

be free from 14:00 onwards on chat - if want to discuss J

WS, can we re-visit your idea of an irregular flat wave 2 as the post 202.75p move please? Here's your chart: chartsview.co.uk/media/kunena/attachment...weekly_irreg_Alt.JPG

I can get the count up to 450p but after that it ought to be a major wave C, right? In which case it ought to have 5 subwaves as an impuse but that's not how you've counted it and nor can I get 450p onwards to fit this pattern. I think it has to be something different.

I'm still working on it. I love puzzles!

Ha ha! Nice one WS!

I'm pretty sure those same guys have got their eyes on triggering a margin call for IG's clients who are 99% long, many from much higher levels than this too!

Bottom's may not be just wiped but spanked lol!