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S&P 500
5,221.54
(
-0.02%
)
US TECH 100
17,723.60
(
0.23%
)
Dow Jones
39,502.93
(
-0.03%
)
Brent Oil
82.92
(
0.64%
)
Bitcoin
62,990.00
(
2.51%
)
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snootmagruder

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snootmagruder

Re: keepsinvesting post# 9152

Tuesday, 09/06/2016 7:24:16 PM

Tuesday, September 06, 2016 7:24:16 PM

Post# of 10312
The only ratio I find consistent enough to even look at is the 1.618 third wave (compared to the 1st) S wave or rather my personal opinion of market waves are that they are a complex combination of double zig zags. E wave recognizes and defines a zig zag, however considers them to be rare. I find wave pattern counting to be insufficient by itself and indicators, forks, channels etc. need to be included and may even be more useful.

if it looks right it is right

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