T/A ETF AND INDEX

[POKERSAM]

Just a note concerning my long term illustration. It is a map of the WAVE STRUCTURE and the WAVE COUNT. It is an IDEALIZED chart. In other words the waves as depicted will not match perfectly in length the actual waves on a price chart. For example wave II will probably end near the beginning of wave I on an actual price chart. On the idealized illustration wave II ends further below the beginning of wave I. You see, I have never changed the wave labels or the wave structure since I first drew the illustration.
I have never done it once, ever.
Compare my illustration to the actual price chart for the same time period and you will see how close the illustrated wave structure has been so far.

I have added the dates and the price when the targets on the illustrated wave structure are reached. The predictions are in blue and the actual price when hit is in yellow with the date in blue. I move the red square to where I think we are.

Let me also say that should this illustration fail to apply as we go forward it will not be the end of the world. It will simply mean that my educated guess made years ago was wrong. Right for the most part but wrong on the last wave down because that is all that is left. No big deal. If I find that it is wrong on that last wave down I will be the first to say so.

I have tried to make this all plain and simple in the past but it does require at least a minimal amount of intelligence to understand it. I guess that is why I still find a total lack of understanding in some posters on other boards. Then again, they may understand it completely but have to lie about it or admit it is truely amazing and can only be the result of the application of Elliott Wave.
heh heh

If you happen to still not understand it, please tell me and I will try to answer whatever question you may have.