XJO 0.88% 7,959.3 s&p/asx 200

spider that chart is full of EW errors. For starters wave (4) is...

  1. 3,191 Posts.
    spider that chart is full of EW errors. For starters wave (4) is far too big compared to wave (2). Second, the A, B, C, D, E corrections are meant to be wedges or triangles, not channels. Thirds the initial decline (1) is an impulse wave so the subdivisions should be numbers not letters. There are a few more but this is enough. It's one of the worst EW counts I've seen. Oh, by the way, wave 4 can overlap wave 1 under certain conditions.
 
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