Again, since a-waves in a corrective decline can be either 3 waves or 5 waves, it makes it more complicated to analyze corrections at the start of the correction.
Now added to this is a GLA station in Dover that broadcasts corrections to eLoran that makes signals so precise ships can enter harbours using them in the event of GPS failure.
The updated guidance to MSPs also makes it clear the specific steps they are required to take to highlight any corrections to fellow members of the parliament.
In fact provided the rotation of any given index does is not too extreme it makes for a more liquid and active market than simple straight line rallies or corrections.
Though the corrections in the major averages last week were not that severe, the weak close on Friday makes a further drop early this week more likely.