samitrading

Text book "Elliott wave count". Since March's low !!!

samitrading Updated   
SP:SPX   S&P 500 Index

4331 is the Text book
Elliott wave 5th.5th.5th
of March's low crash !!!

*** If wave 1 is extended, then the size of wave 3
through to the end of wave 5 is often 61.8% – 78.6%
relative to the size of wave 1
*** If wave 1 is extended, then wave 2 and 4 are very
likely to be shallow (i.e. 23.6% – 38.2%)
*** If wave 1 is extended, then wave 2 will often end
at the level of sub-wave 4 of 1 (i.e. the internal
wave 4 of wave 1)
Comment:
Nothing have changed here.
Comment:
It is true 3 month ago when i did this idea, and nothing have changed here still we are with in the limits of this structure the only problem is our last leg up is incomplete !!!
Comment:
Well, our last leg is about/almost about to be done !!!

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****** Past performance is no guarantee of future results***


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