xjo - weekend charting and chat, page-12

I have posted this idea before, but that is a clear 3 wave move virtually to a measured move target where [C] = [A]

To an Elliottican that means a lot as a 3 wave bounce even on this scale is simply a bounce inside a bear market trend

If, i want to stress "if" its ending the cycle from March 2009 then i suspect its inside a topping phase if not already topped.

You can probably tell i dont trade with "funny mentals" or as i call it BS accounting, price dont lie, directors do.

I trust what i see, so price and patterns for me, but most forex and index traders never really care for the ins and outs of a stock, only the next set up.

This is why investors will never understand TA

If the facts change then i will change.