Determined to get the ultimate understanding of the structure?

There just might be a way. Listen carefully. 9 years of research yielded me this.

• What is a Wave 1? A Wave 1 starts beyond a root point and crosses back above it.

• Was this a Wave 1? It could had been, but did not make it to exhaustion. Nor was it surpassed later.

• How many exhaustions does a Wave 1 come with? Normally 1.

• What happens upon an exhaustion? A pullback. Sometimes there is a beat as well.

• The structure builds on these exhaustion points. They are not impenetrable, but with good odds would be utilized for a continuation opportunity.

• Wave 3 becomes a wave 3 upon exceeding the Wave 1. Now, here is where it gets a little blurry. The first exhaustion starts the wave, the second is ending it. Should not this be called Wave 1 then?

• No, this is a terminal point of a Wave completed. A Wave without number. Wave 3 would likely be presenting you with 3 (directional) exhaustion points, for every Complete Wave would have two different exhaustion points. It is a matter of grouping things. What is missing from this current Wave 3 then?

That’s right, the 2nd buying exhaustion point. What about Wave 5? How many exhaustions does that one come with? None. Their purpose is a beat and/or recharging the energy for the counter move to get started.

So, should you be expecting a gap down before you had the second buying exhaustion?

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Somebody was asking about the previous wave structure down. Here it is:

 

The below routine is for sale, $99

It is under the name of Cumulative RSI + Exhaustion Plots.

In combination with my Market Maker Lines DC – which is aslo at $99 >

Could give you a break for the package, of course. How would $169 for the two sound?

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Other: Introducing the Wave1 finding intelligence:

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