Turned into a good bearish ascending flag. If you called your Wolfe 3 a Wolfe 1 it nails it! Keep smiling!
GWaves
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@Tom1trader, Thanks! Yes I noticed this after the fact and did not update.
Tom1trader
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@GWaves, Interesting stuff, have been looking into W waves and had not heard of G til hour or so ago seeing your posts.
GWaves
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@Tom1trader, It is a recent discovery I have made. I have yet to publish any writings on it. It essentially measures pressure points in the market. The pressure points send out ripples, much like a droplet of water on a still body of water.
Tom1trader
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@GWaves, Cool! Good luck with it. I will be following with interest. Had not thought of gravitation waves specifically but obvious in a lot of areas when think of it. The inter-relationship of climate. The effects of words (Grateful Dead "Ripple") and the effects of a price jump i.e. "Earnings Lines". Thanks for sharing this perspective and keep smiling!