90 degree turn dates mark an important change of trend. usually an important bottom but can be a top as well. Remember, these are turn dates. Harmonic means price & time & geometric
Hardly the turn dates make 2 highs in row, eg 23 July and 8 August. It can only suggest the next turn date 8 August must be a low followed by a high near 23 August.
The ultimate low must be therefore 23 September 2013. Eg WAVE C of Intermediate 4.
Important turn dates change trend and most of the time from a 50% retracement.
We have to ask ourselves " what can be the catapult to lead us lower into 8 August" . The answer could be the FOMC meeting 30 July / 1 August.
Hardly the turn dates make 2 highs in row, eg 23 July and 8 August. It can only suggest the next turn date 8 August must be a low followed by a high near 23 August.
The ultimate low must be therefore 23 September 2013. Eg WAVE C of Intermediate 4.
Important turn dates change trend and most of the time from a 50% retracement.
We have to ask ourselves " what can be the catapult to lead us lower into 8 August" . The answer could be the FOMC meeting 30 July / 1 August.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.