Your confused enough about EW, to be considered very good !!!!!
It works so well in hindsight that most think it can work as well in foresight……but as you so clearly show the possibilities are so endless, short term trading based off it is v perilous .
I often resort to time for the waves , but that too can be treacherous, when corrective waves are longer in time than the previous impulse !!!!
As for now we can say we were up for 28 days and down for 6, so if all the 2 nd waves are @ equal in time we would do 18 days down, for a clear a-b-c down and then the 2nd would be 0.64 % in time, v close to a perfect Fib 0.618 % and if C is a little lower the correction, which so far didn’t even sniff the 0.382 % level, would be clearer….
All that said the speed with which we went up today, says we maybe already in a 3rd Impulse…..the move down can be counted as a clear 3 wave, already and not 5….5 would say we need B up C down…as of now we really don’t know….aka classic E Wave…but we do know it is a super bull.
I also think that as it was created from following the Dow, you can be less exact in a commodity…..
I would add that by buying ystdy, u got good prices and even if we do a C down, the speed up we saw today, says it may be sideways. That the rally was as around the time SM opened and has now died down, that says big money, the tell will be if we see a strong last hour or so as well.