Technical Analysis of the financial markets using Elliott Wave, Gann, Fibonacci, cycles and momentum indicators.
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Friday 18 February 2011
SPX Daily Chart - 17 Feb 2011
2 comments:
Anonymous
said...
Hi Saxby. Hope you are well. Have you done any work with D wave price projections and only trading setup/sequential/combo signals once in the vicinity of the projection? I haven't but maybe will take a look. Dave
Hello Dave. On the chart above the two dashed lines grouped tightly together just above 1335 are the D wave price projections for wave 5 based on waves 1 and 3. And so yes, the current exhaustion signals are forming in the vicinity of the end of a D-Wave.
2 comments:
Hi Saxby. Hope you are well.
Have you done any work with D wave price projections and only trading setup/sequential/combo signals once in the vicinity of the projection?
I haven't but maybe will take a look.
Dave
Hello Dave. On the chart above the two dashed lines grouped tightly together just above 1335 are the D wave price projections for wave 5 based on waves 1 and 3. And so yes, the current exhaustion signals are forming in the vicinity of the end of a D-Wave.
Hope that helps.
Saxby
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