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TYPICAL WAVE PROPERTIES The psychological evolution of the market. ACTION i REACTION INPULSE a ! : CORRECTION Reece cen twee EUPHORIA No sellers in the market. ‘Goof! chanoe te buy eome more. Yea, eeu, ut tare Torna iaeeLTET ct tL el ty iota” Comecon mare ener tan peta, oting ba Sharpe, top 60 Sng ire o atin [o> aes aes a areas DISBELIEF hs CYorsgod you rt gv tr oF Too low to sel, but rng buyers. to push Up. [Mo positions tert 7. Cum Ta | RESIGNATION JUST A HAPPENING Not much ntaroet oF i ——= Typical wave pattern. NMEKET CHARACTERISTICS “ypleal comment heard in the markt 1 ! ! ! STABILITY EXPECTED |) Demand and supply situation 1 ! 1 ' DOMINANT PSYCHOLOGY > Elliot wave count. ~

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