pipstrading

will SPX500 bearish crab work out?

FX:SPX500   S&P 500 index of US listed shares
148 4 4
will SPX500             bearish crab work out?

XA is not a clear swing though...
dionvuletich
6 months ago
nice spotting
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tradeBob1
6 months ago
See Figure 5: https://www.google.com/patents/US20060235780

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pipstrading tradeBob1
6 months ago
u mean AB should not be more than 61.8% of XA in a crab?
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tradeBob1
6 months ago
Yes, nothing scientific about fib and elliot wave. Backtesting xabcd vs. a non-xabcd shows no significant edge. Scott's patent on xabcd was rejected due to "magic" numbers (fib).
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