Thursday, January 03, 2013 3:10:57 PM
the "Elliott Wave" lives on!
the "Elliott Wave" lives on!
Markets Update
http://caldaro.wordpress.com/
Elliott Wave Basics
http://stockcharts.com/help/doku.php?id=chart_school:market_analysis:elliott_wave_theory
A basic corrective wave
forms with three waves,
typically a, b and c.
The chart below shows an a,b,c corrective sequence.
Combining a basic 5 wave impulse sequence
with a basic 3 wave corrective sequence
yields a complete Elliott Wave sequence,
which is a total of 8 waves.
According to Elliott, this complete sequence
is divided into two distinct phases:
the impulse phase
the corrective phase.
the "Elliott Wave" lives on!
Markets Update
http://caldaro.wordpress.com/
Elliott Wave Basics
http://stockcharts.com/help/doku.php?id=chart_school:market_analysis:elliott_wave_theory
A basic corrective wave
forms with three waves,
typically a, b and c.
The chart below shows an a,b,c corrective sequence.
Combining a basic 5 wave impulse sequence
with a basic 3 wave corrective sequence
yields a complete Elliott Wave sequence,
which is a total of 8 waves.
According to Elliott, this complete sequence
is divided into two distinct phases:
the impulse phase
the corrective phase.
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