Thanks ed. Nice to see you and Mu back:)
Thanks for the questioning. But in fact, you may draw several trend lines on one chart at the same time_ just like we are looking at several...
The aggressive 5-wave down today and the trend line resistance on the daily chart lead me to suspect that the last 4 daysâ rally is over and SPX...
That was a good one Mup. I like the Forex stuff and hope more posts will be on that market as well.
The breakout is from a relatively loose pattern. So we'll be treating it a bit more carefully. Gung hay fat choy:)
Thanks Ed, Mu. I'm a newbie in EW and learning from the textbooks and more importantly I'm learning from you guys here. SPX seems to be...
Today I followed the textbook rules and labeled the SPX daily chart myself. Then I found out your labeling on Jan. 3 is exactly the same as mine...
TBT seems to be forming a clean EW :cool:, waiting for wave-4 entry point...
Ed, why not just use bigcharts.com?
That was a very nice early warning too :) BTW, what time zone does your SPX chart use? It appears 5 hours earlier than the Eastern Time. Our...
I suspect so. But I wonder what's the purpose of the systematic "fraud", and how those guys achieve their goal though.
Thanks Mu. Will look at the chart with that.
Hi Mu, Thanks a lot for answering both of my posts. On the Euro daily chart, you said: If wave a had five subwaves, wave b may be incomplete....
I did another Euro forex daily chart, and also hope to have your comments. According to my labeling, wave 3 on the chart is a very long one,...
Hi guys, I have been lurking and learning. Thanks for your posts. I just labeled the Euro forex chart. Could anyone tell me if my simple...
Stock market and recessions (Chart 2)
Stock market often rises in the middle of a recession. If history is a guide, we might have seen the bottom of SPX, given that the current...
Thanks Mu. I was just trying to compare my conventional TA with your sell signals.
Hi Mu, Were the sell signals on your chart generated by a computer EW program? Thanks.
The SPX just broke an intraday Double Bottom 3 minutes ago (from the conventional TA view). Will look at it from the EW angle :)
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