24 May - SPX

"High speed by the market in one direction almost invariably produces a corresponding high speed in the reversal"  -- RN Elliott, The Wave Principle, Ch VI

Came across this last night.

Some fun with j and d_s:
3 * (1 / d_s) = 1 + (1 / d_s) - (1 / d_s²) = [ 1 - (1 / j*d_s) ] * [ 1 + (j / d_s) ]
3 * (1 /  j) = 1 + (2 /  j) - (1 /  j²) = [ 1 - (1 / j*d_s) ] * [ 1 + (d_s / j) ]
Should generalize for all silver means.  And all metallic means?