XJO 0.28% 8,114.7 s&p/asx 200

outlook, page-8

  1. 1,374 Posts.

    robbb...

    i find elliot wave analysis
    the hardest of any technical indicators
    to try and make some consistence sense
    of....

    a few times ive been 'hammered' by other posters
    that there e wave software is right and my
    analysis is not right etc

    so many different interpretations of what
    might be happening along with so many similar
    but slightly different patterns...

    right or wrong i think volt is on about the
    magnitude of yur first couple of waves along
    with his sinicism of the reliability
    of e wave theory...

    the below indicator is thru a proprietary
    calculation always projects a declining/
    or inclining 5 wave pattern determined by
    the size of the first leg...all though open
    to interpretation u can get a feel what might
    look plausible...

    (not saying im right but just an exanple :)

 
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