Jack168,
it seems that you have to do some more homework about the counting of different cycle levels.
Your example shows an uptrend of several years which you have labelled with wave “A”. If this is labelled correctly and not an impulse, a wave “B” would follow next. But, a wave “B” will last normally much longer than wave “A”.
So, my advice: Check the literature again or sites like this to get some more experience:
http://danericselliottwaves.blogspot.com/
You will find the labelling procedure there to:
Wave Labelling
Wave labeling color code as follows (note - [brackets] used in lieu of circles for convenience sake) :
Grand Supercycle - BLUE - [i] [II] [III] [IV] [V] - [a] [b] [c]
Supercycle - GREEN - (I) (II) (III) (IV) (V) - (a) (b) (c)
Cycle - PINK - I II III IV V - a b c
Primary - BLACK - [1] [2] [3] [4] [5] - [A] [b] [C]
Intermediate - RED - (1) (2) (3) (4) (5) - (A) (B) (C)
Minor - BLUE - 1 2 3 4 5 - A B C
Minute - GREEN - [i] [ii][iii] [iv] [v] - [a] [b] [c]
Minuette - PINK - (i) (ii)(iii) (iv) (v) - (a) (b) (c)
Subminuette - BLACK - i ii iii iv v - a b c
Micro - RED - [1] [2] [3] [4] [5] - [A] [b] [C]
Submicro - BLUE - (1) (2) (3) (4) (5) - (A) (B) (C)
Miniscule - GREEN - 1 2 3 4 5 - A B C
Sixer
it seems that you have to do some more homework about the counting of different cycle levels.
Your example shows an uptrend of several years which you have labelled with wave “A”. If this is labelled correctly and not an impulse, a wave “B” would follow next. But, a wave “B” will last normally much longer than wave “A”.
So, my advice: Check the literature again or sites like this to get some more experience:
http://danericselliottwaves.blogspot.com/
You will find the labelling procedure there to:
Wave Labelling
Wave labeling color code as follows (note - [brackets] used in lieu of circles for convenience sake) :
Grand Supercycle - BLUE - [i] [II] [III] [IV] [V] - [a] [b] [c]
Supercycle - GREEN - (I) (II) (III) (IV) (V) - (a) (b) (c)
Cycle - PINK - I II III IV V - a b c
Primary - BLACK - [1] [2] [3] [4] [5] - [A] [b] [C]
Intermediate - RED - (1) (2) (3) (4) (5) - (A) (B) (C)
Minor - BLUE - 1 2 3 4 5 - A B C
Minute - GREEN - [i] [ii][iii] [iv] [v] - [a] [b] [c]
Minuette - PINK - (i) (ii)(iii) (iv) (v) - (a) (b) (c)
Subminuette - BLACK - i ii iii iv v - a b c
Micro - RED - [1] [2] [3] [4] [5] - [A] [b] [C]
Submicro - BLUE - (1) (2) (3) (4) (5) - (A) (B) (C)
Miniscule - GREEN - 1 2 3 4 5 - A B C
Sixer
about traveling magazine.. all is infringement by law
your chart looks as cardiograph, get it?