Crude remains in a downtrend from the recent highs.
The stock needs to meet several requirements before waves can be properly identified, such as; popularity, volume, does it generally move with the...
Correct the theory does not, but the Principle is sound and very applicable, when EW equation is solved.
My comments on your comments :) - the EW describes the market, the predictive power of EW is created by the anticipations of the observer. most...
Grail, I find divergences work when a turning point is implied by EW. Tony C. who used to post on ET, has done some incredible work with...
Tao, EW is a graphic representation of the investor psychology cycle. Since it is graphic it already implies technical analysis. Therefore, to...
Grail, Took a look at SIRI and if it busts out of that wedge you should get something going. Nice divergences too
We're hip!
SIRI I'll keep an eye on it. THX
What color would you like your 'doll' to be? I'll use dull pins! ;)
That's terrific! Look forward to them :)
Very well put! Trend/momentum traders play trends when there is one. EW aims to define all of the markets movement, not just the trends which...
That's an acceptable bearish count ... yes ... which will also require new highs to be voided.
Grail, For short term trading one only needs to identify what kind of wave the market is in...true. And the greater the volume, the clearer...
Below is the actual S&P bear market count
Your ABC count is still a possibility until the SPX makes new highs. Which is only about 2% away from todays close. The 5 waves down, from 2000,...
All the world is after a quick buck. But 95% of the quick buck winners are in debt in 5 years. The market is an intellectual test. When one...
Funny@
Care to elaborate?
More than likely, 10 of the 10 you ask will not understand EW. If one can not get the longer term count correct, how can they know how the recent...
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