DislikedThe Dow Transport is heading further to the downside. The count of the LTD timeframe has no inversions or a double inversion as shown. Sixer {image}Ignored
I agree with your interpretation of the Delta rules, however, I am just questioning whether we had a double inversion and if so has LTD (1) come with a bigger timeframe and we get a pullback now into LTD 3 but will not break the LTD (1) before we rally?
Or the alternate view could be we had no double inversions on LTD's and therefore where you have LTD (1) is actually LTD 2 low early (as bigger trend pulled it in) and we are actually going up to LTD 3 high which could come with MTD 2 High. We still drop first into MTD 1, but then we could rally higher.
Stall