Thank Bob for supply me SPX500 history daily data when I feel puzzled at there is not enough daily data in FXDD. So when I check down mode on daily chart I will not use MT4 and change to an old version GannalystPro. Every one need attention there is one day difference and we need plus one day on this chart’s time numbers. Be careful.
At last chapter, we had knew the second down wave was begun with one SanZun. Now let’s study it even I could not handle this soft very well.
With time, B’-A (55) = B-D (57) and A-B (48) = D-E (48). A’-A is just 1/2 of B’-A, I always say the down mode is crashed hurry and up mode is always need up with step by step.
In A’-B, 8 down and 20 up and 26 down again; In A-B, 10 down and 22 up and 34 down; In C-D, 7 down and 16 up and 29 down. Base these we only can image a down mode which is one section down and one section up and 2 sections down.
For SanZun break, we can calculate very easy to get this result:
So point D was arrived and less than N value is 1310. After D it is not my focus and we just need know it is repeated again with number 48 and 57 twice.
And continue from G there is number 44 was repeated by 43 and 41 and 43.
In F-G the toper to lower each distance is 23 and 32, and from point H, 20 down as one lower and 32 down as the other lower, even 43 was arrived target as 2E value and I was so far as to 3E value.
Then we got a mirror symmetrical for 43 as V wave.
I-J (47) = J-M (48) is still a mirror and check it after J.
There is 14 as 1st wave and 22 return but there is a V wave mixed in 3nd wave and point M finished N wave. In here we found three 14. As calculation, this N wave has finished as E value.
Let’s sum up these finding, One section down as number 7~14, one section up as number 20~22, third wave is with number 32~34.
It was always repeated number 41~44 and 47~48 and 57-60-62, 14 and 26.
- Data from CBOE.
(To be continue…)