XJO 2.11% 7,943.2 s&p/asx 200

elliott wave analysis of xjo & spi, page-19

  1. 247 Posts.
    No I'm just a guy with a bit of experience here and there Nouf, I've nothing to contribute in the way of charts. Keep doing what you're doing though, from the few checks I've done your work is accurate plus you know that Elliott is spelt with two T's so you're already in front of most here.

    The only advice I'll give is that of the best EW technicians I know the one common is that none rely solely on Elliott, all have developed their own hybrid forms of analysis. One big problem Elliott has is in its ability to correct itself fast enough, particularly above primary counts. This is where other areas of trend analysis will help, actually fib time ratios are a good tool to help identify false counts.

    Anyway keep it up and thanks for your effort.
 
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