RonBjustrom

RonBjustrom

I'm predicting a sharp lower opening on Sunday night and new lows on Monday and maybe extending into Tuesday but then quickly reversing. The B Triangle is like a spring that should cause a gap on Monday morning.

RonBjustrom

If you draw a trend line from the two number 2's theres only been one close above it. And it stopped todays rally so far.

RonBjustrom

Can a wave 2 be a triangle. Is it possible for a triangle be a wave 2 in a diagonal?

RonBjustrom

Tried to put a 5 wave count to the current sell-off.

RonBjustrom

I think the corrective rally that is having now should be labeled as a Wave B. Based on wave 3 I think it should be shallow.

RonBjustrom

Could have we just finished a Wave 4 and now heading lower to a new low for a wave 5.