Wave 2, in proper perspective

Distinguish between what I'm saying and what WD Gann may be saying.  He didn't say wave 2, I did.

Mr. Gann has said, in my interpretation of the Torah Code included in his "The Tunnel Thru the Air," Wednesday, Feb 21 will be a big down day.  It will be twenty percent, or twenty-two percent or, most probably twenty-six percent, depending on how I'm reading it.  I'm reading it in several places and at several levels of coding.  The simplest level of coding is nearly in your face:

Check the dates highlighted at the right of the lettering in red.  If memory serves, I saw this months ago but first highlighted it January 9, 2018.  And I decoded the Torah Code details last week.

At the very superficial level of encoding above, its entirely arguable to be random.  Moving to a deeper level of encoding that derives entire phrases, the granularity of the description becomes far more specific....and convincing.

So, it may be WD Gann's prediction, but its not beyond the fallibility of my interpretation.

Now a further level of fallibility.  Last week, amid the great decline, I floated the belief that an Elliott Wave 2 "irregular" correction would fit with Mr. Gann's prediction giving DJIA a great recovery.  Wave 2 irregular corrections, according to character, have a 'c wave' that recoups almost all of the ground traveled in the wave 1.  I'm marking the top of the wave 2 with the "c:"

The timing, working backwards from next week's expectation, would be some time Friday for a top.  The above is showing Fibonacci time extension of today at 2:36pm.  I can't make add to that distinction.  My preference would be Friday because I have mathematic indications the smaller cycles end this weekend inferring the wave 2 top would be Friday, not today.  This morning's futures supports my fallible view of the wave 2 irregular top coming to conclusion today or tomorrow.

Of course, when it gets to the 26K area, as I expect it will, any new all-time-high (e.g. exceeding 26616), ends my fallible Elliott Wave scenario.  Being wrong, well, that's me and I consider it a cost of learning.

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As I often like to say, and this time quite literally, "That's me."  It is.  It is my synthesis of what I believe Mr. Gann is saying as what I am imagining.  Wave 2 is my synthesis of what little I know about Elliott Wave and what little I know about WD Gann.  I say "little" not relative to the "experts" in Elliott Wave or WD Gann because I know a lot about both.  But "little" relative to what constitutes both bodies of understanding. 

The only thing Mr. Gann is saying without question is, next week will be very very bad.  Please keep my blathering aside and in that perspective.

Jim Ross