Reasons:
1) Corrective waves could be complex. This is expected to be a corrective wave at the primary level right? It could well be an A-B-C-X-A-B-C or a A-B-C-D-E triangle...
2) Impulse waves of C could have extensions too.
3) Although Elliott waves of different indexes do tend to move in tandem, there's no rule that state that they must do so.
I read somewhere, the cure to negative divergences could be even higher prices... I thought trading is about buy high sell higer, or sell lower buy lower... Hmmm....
Well, I'm still new and noob at trading. Am I missing something out?
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