Tuesday, November 12, 2019

Into Minuet (v)?

Sorry for the late post. Was traveling today. Although all of minute ((a)) is a diagonal, there would be nothing wrong with minuet (v) - one lower degree - being a diagonal, too.

ES Futures - 2 Hr - Minuet (v)

The principle of alternation only indicates if minute ((a)) is a diagonal, then all of minute ((c)) should not be a diagonal. But, minuet (v) is of one lower degree, and, thus, may be.

TraderJoe

9 comments:

  1. Thanks et. 3120 area was what the fib ratio of A called for. Count is right on.

    ReplyDelete
    Replies
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  2. Due to length of down wave, a flat (iv) is also possible and will provide alternation.

    ReplyDelete
    Replies
    1. Something like this might work for a flat (iv), back to a prior iv.

      https://invst.ly/omdnm

      TJ

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  3. Diagonal down today? If so ending or leading?

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    Replies
    1. By same token diagonal up. What an overlapping nightmare to count.

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    2. Final thought diagonal down triple zig zag up?

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  4. Just be aware of this developing story: from CNBC

    US-China trade talks hit snag over agriculture purchases, other issues, according to report

    TJ

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