Most analysts have no clue what this wave -e- means.

Of course most of them have it labeled as an -abc- of some scenario and that is the first mistake of understanding this wave structure. When labels are off your lost.

Of course one that uses trendlines to do their count makes it much easier.

Either case the trend is still down upon breaking trendline in wave labeling.

Because of breaking trendline on daily it is indication of the fifth and final wave will be an failure wave.

More details of this analysis and destination at:

http://sillywaves.blogspot.com/

charleydan