Thank you for posting this chart. I saved it for permanent reference because what seemed like the extended duration of the ABC wave 2 correction really threw me off. I, like your 9/10 post, really thought the ABC correction would be over around mid September but here we are near the end of October and we're still in the C wave. At what point do you believe we could have drawn today's Fibonacci duration chart - on 8/9 with the 50% noted or 8/30 with the 78.6% noted?
1 comment:
Thank you for posting this chart. I saved it for permanent reference because what seemed like the extended duration of the ABC wave 2 correction really threw me off. I, like your 9/10 post, really thought the ABC correction would be over around mid September but here we are near the end of October and we're still in the C wave. At what point do you believe we could have drawn today's Fibonacci duration chart - on 8/9 with the 50% noted or 8/30 with the 78.6% noted?
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