Appears the static time cycle was off by a week or so from the top and the count hadn’t complete so that was to early. However, what we can see now is the sell pattern has completed and the potential of us going – big – has become more probable.
I’d look to be short Transports and the thesis is wrong above the most recent spike high.
January 18, 2023
I blogged a while ago about the Transports … if you do get the chance, check out the EWT professionals from, say, a year or so ago and how they did an amazing long term (100’s of years) of an aggregate Global Down Jones Transportation average … folks, the EWT pros are just stacking 5’s on top of each other at my “thesis” = big top. What do I think … well, they are the EWT pro’s and while I’m a CMT and taught it to CMTi students I can say I know corrections … to put together 100’s of years of counts is impressive. Either way … 5th waves are either finished or in work to finish. In our lifetime … it’s going night night folks. Might have already started …
Here’s a chart from a year or so ago … why my thesis on a “big ass top” … simple AB=CD .. but this is a MONTHLY AB=CD and the A leg starts back in July of 1932. So, from a “big deal” perspective, I think this is one …
Where are we now …?
I got asked on the thread about TIME and while I’m trying how to figure that into some training, I did “see” (after you look at charts so much you start to see things … maybe that’s it, I’m not sure what I see anymore LOL) …anyway, you could see the harmony so using a rudimentary cycle tool you can see that today was a good day for a “move” to occur. Additionally, used the “rock hitting the water” analogy for wave creation (depending on how high and how heavy the rock is dropped depends how big of a resulting wave we get) and from this you can see the waves propagate outward. Expanding the initial wave by 1.382, 1.618 and 1.8877 (musical note ratio of equal octave scale of music) you can see what happened to price .. but from a TIME perspective just follow up the arc to the 3 o’clock position and that is a good timing technique.
Based on todays action I would look to be short Transports and stop about yesterday’s high … sure seems like it might be TIME for the “train to leave the station.”