some interesting patterns you should know, page-26

dascore you don't have to convince anyone of anything but there seems to be a lot of interest in your ideas so please keep presenting them, though you should expect the occasional bit of skepticism. No-one has yet discovered a fool-proof trading technique (that they're sharing in any case) and I've seen cycle theories that looked good for a certain time period and then abruptly stopped working. I have no problem with them in theory and they are interesting, but are they useful in practice?

It seems to me you have uncertainty over whether:

-its a top or a bottom
-the turn point is on a particular day, or some days before or after it
-it may be a false signal or minor correction (such as the second point on your chart - that could easily have been mistaken for a top?)
-the cycle wavelengths are still relevant for the future period you are trying to predict (they may not be relevant over long time periods - hence my comment about the size of data set)

OK so many (all?) other TA techniques suffer similar problems, there's no substitute for continual observation of the markets imo. So how do you apply your model in practice especially if it appears to contradict your observations of the market (as the chart shows it can)?