From Elliott Wave International
Monthly Archives: April 2007
The Geometry Continues
You’ve probably noticed that recently I seem to be showing a slightly larger picture of market action. Actually I try to look at this every day, but since right now I can’t follow the market in real time (and may … Continue reading
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The Third Direction
Yesterday’s Trader Vic 2B setup turned out to be at least a temporary top, but as I said, there are always three ways the market can go, and it chose sideways. But it certainly did so in an interesting manner. … Continue reading
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2B or Not 2B
Today I’m showing three days of data to illustrate two different points — a Trader Vic 2B SETUP and a nice example of what I call an Internal Trendline. An Internal Trendline is just a trendline that was providing support … Continue reading
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Recycled Lines
Yesterday you saw how having two days of data available pointed out some pivots. Exactly the same thing happened today. And our good friend the 127% external Fibonacci retracement showed up again. For those that just found this site, an … Continue reading
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Trendlines and Clusters
Today is another example of the importance of leaving trendlines on the screen. And, of course, using Fibonacci measurements that include more than just today’s data. We began with a small pop above the controling trendline from yesterday. Trendlines, when … Continue reading
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Trendlines and Patterns
The charts may look a little different (haven’t rebuilt my templates yet), but the same old trendlines and A-B-C patterns keep giving trading signals. As happens so frequently we made a small gap in one direction and quickly reversed. The … Continue reading
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Analysis
I’ve managed to get some computer access (may be out of town for another several weeks.) Although I won’t be able to trade, I should be able to re-start the daily analysis today or tomorrow. I still have to download … Continue reading
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