Ok, I Found An Instance of Balance Here

In the last post, I pointed out that I could not find wave balance right here at the high that we’re at now, where Blue 5 = 50% of Blue 1. However, this is funky, but possible.

If we start counting Green A from the low at the green arrow, place Green A at the offset high of the red arrow, move Green B to the orange arrow low, then we have a 2:1 relationship on the nose right here at this level, noted by the blue arrow.

So: if this stupid thing finally craps out and dies, I can justify it technically. Earlier I was worried that our destiny was still way above us, but that may not be true.


I will keep some long hedges on as a precaution, but finding this makes me feel better. And if it’s right, it will help us greatly in the next move, because we need this in order to know where the next low will likely be (we have to know where Orange A stops, and having this balance tells us that).

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