elliot, page-5

With a few thumbs up for that post (I suspect some from the loyalists who may not be altogether TA savvy) it is only fair to explain a little further....*

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Thanks MacCrimmon ..Its why I am using a math based software and back testing its compliance first

from ..Elliot critique


"Presumably it be fair to say that "Elliott Wave Financial Forecast" is a fair assessment of Prechter's record up until mid-1999. Or even up until the present.
The Elliott Wave Financial Forecast offers advice for both traders and investors, both have underperformed the market on both an absolute basis and a risk-adjusted basis."?



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LOL yes thebushboi .. Lunarcy...

* I have always doubted Elliot , Gann and Fibnasty levels as alone they do not come up as any better than riding broader market trends...I reckon at best, that they are a self perpetuating but do add to other TA pattern confirmations....

as per the elliot link above
here is the sites home address, where TA is very thoroughly Analyzed.
by performance...TA Forensics

That said, heres the latest view of the dynamic evolution of SSN TA imo....

Its an inverted head and shoulders forming..
It may not complete but the pattern does not suggest buying yet, until the neckline is re broken...so far so good..cheers

Reverse Head and Shoulders