NAZ will not fall to 9500. It will just hover around 12.50 to 14.50 No wonder every now and then, there is a fat finger problem that could trip the Exchange circuit breaker.
I follow none of the elliottwave rules except for the most obvious one, namely Wave 2 cannot retrace more than 100% of Wave 1. Another reason why I don't bother with elliotticians is because they do it with alternates. I'm a straight male, I don't swing that way. If you ever find yourself in a room full of ellitticians be damn sure they will all have different interpretations of the market move and when a top will occur. Beat them all with a simple Log scale trendline
He has me on /ignore, so I will no longer play his silly games. As you said, he just admitted he is not an E-Wave trader, just as I am not. "Wave 2 cannot retrace beyond Wave 1". It's like, no shit, Sherlock. Pfffh, whatever. Have at him, easymon.
Double spaced lines helps one to read easier due to the white space. Look at your headache inducing paragraph up above then see how I would write it below here After 30 double spaced lines of text it appears that you don't even claim to be an elliot waver. Good Hijack. Your turn to Hijack, Overnight. You have an apprentice Hijacker. Mentor him. Show him how it's done. How many pages can you lead a Nantucket Sleighride that goes anywhere but where the question is aimed? margin_gamble: Observe a master in action. He will use single space big boy text, and eschew the dreaded "capitilization of first letters in mid sentence", his pet peve. lol, ...One of his pet peves, excuse Me! Go Overnight, do the do... - ------------------------------------------- Meanwhile... Can we get some elliott wavers up in here, please?
I KNOW the theory behind E-Waves, I studied them as a lackey, and found a use for them because when I was studying them, the market was a tame little kitten. The 50% retrace was my key metric. Since 2018 the market has grown to a Tasmanian Devil and is getting bigger every year. So the people who push E-Waves now are scrambling with all the subwaves of subwaves like they were in the past, but with greater ranges. It is poison now. Easy way to wipe out on the EW BS.