MaximGrigorev

MaximGrigorev

At this place on the chart I wanted to see a tapering triangle. But I see an expanding triangle. Call it an expanding triangle (2). Perhaps today we are seeing the change of places of corrections in this wave. If so, after the formation of an expanding triangle (2), we will see the development of trend (3). I think soon we will see the next wave (3) .

MaximGrigorev

The index is moving upwards. At the turning point on the chart I wanted to see a tapering triangle. Today I see this tapering triangle. But this triangle is stretched to the top. It has a size smaller than I expected. Because this wave of less degree. Call it a tapering triangle 2. Wave (1) is completed. I think the market is only now set about forming a tapering...

MaximGrigorev

Chinese dragon has gone. The market is growing. The impression on the Chinese news began to wane. It was only a preparation. Its real character the Chinese dragon will show in autumn. In my previous publication we tried to describe the downward movement as a wave (C) of expanding triangle (4). I wanted to put it aside and take the description of wave (D) as a...

MaximGrigorev

Forget about the wave (C). I was right. My assumptions were confirmed (see posts from 12.17.15 and from 12.18.15). Now we are seeing the development of the wave (D). I've already made a detailed description of wave (D) constructions. We are at this point. Wave (D) is a zigzag. Waves A and C of the zigzag will obligatory be related by Fibonacci in their size....

MaximGrigorev

Wave (C) must be greater than the wave (A). Today we see that the wave (C) is equal in magnitude wave (A). If the wave (C) is completed, it is a violation of the wave theory. Probably in the process of formation of expanding triangle 4 got small magnitude waves. Another explanation of the situation today, I do not see. And I admit the thought that today we do...

MaximGrigorev

I'm not sure that the wave (B) has already been completed, but I think we're near the time of its completion.

MaximGrigorev

I'm not sure that the wave (B) has already been completed, but I think we're near the time of its completion. Perhaps the market will rise a little higher, but then followed a moving down.In this place we should give way to those who strive to buy at the top of the wave (B).

MaximGrigorev

Wave (3) is completed. I think we are already in wave (4). Wave (4) is expanding triangle. The very meaning of the formation of the expanding triangle (4) lies in the fact that the market, by reaching the maximum, has some doubts whether it should go on growing to the top. It is at the value of the previous maximum for some time. At this time, the formation...

MaximGrigorev

Wave (3) is completed. I think we are already in wave (4). Wave (4) is expanding triangle. The very meaning of the formation of the expanding triangle (4) lies in the fact that the market, by reaching the maximum, has some doubts whether it should go on growing to the top. It is at the value of the previous maximum for some time. At this time, the formation...

MaximGrigorev

Wave (3) is completed. I think we are already in wave (4). Wave (4) is expanding triangle. The very meaning of the formation of the expanding triangle (4) lies in the fact that the market, by reaching the maximum, has some doubts whether it should go on growing to the top. It is at the value of the previous maximum for some time. At this time, the formation...

MaximGrigorev

I continue to keep open the long position.

MaximGrigorev

This is the limit of the wave (3)

MaximGrigorev

It is an interesting fact. We see the support line of the old channel on the other side. Probably expanding triangle 4 will break the line of the old channel. It will take time .

MaximGrigorev

It is an interesting fact. We see the support line of the old channel on the other side. Probably expanding triangle 4 will break the line of the old channel. It will take time .

MaximGrigorev

I consider the starting point of the trend within the years of 2011-2015 the date of October 4, 2011. Today I will explain to you in detail why. To begin with, let us turn to wave 3 (in a circle) of the trend. Ralph Elliott in his theory said that the third wave in practice is often the largest and this wave is the proof of that. Its internal parts can be seen...

MaximGrigorev

I consider the starting point of the trend within the years of 2011-2015 the date of October 4, 2011. Today I will explain to you in detail why. To begin with, let us turn to wave 3 (in a circle) of the trend. Ralph Elliott in his theory said that the third wave in practice is often the largest and this wave is the proof of that. Its internal parts can be seen...

MaximGrigorev

I consider the starting point of the trend within the years of 2011-2015 the date of October 4, 2011. Today I will explain to you in detail why. To begin with, let us turn to wave 3 (in a circle) of the trend. Ralph Elliott in his theory said that the third wave in practice is often the largest and this wave is the proof of that. Its internal parts can be seen...

MaximGrigorev

I consider the starting point of the trend within the years of 2011-2015 the date of October 4, 2011. Today I will explain to you in detail why. To begin with, let us turn to wave 3 (in a circle) of the trend. Ralph Elliott in his theory said that the third wave in practice is often the largest and this wave is the proof of that. Its internal parts can be seen...