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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: WhatsUpWithThat who wrote (1305)10/29/1999 6:50:00 PM
From: keith massey   of 5053
 
WUWT

Glad you liked the 747 control panel. Guess my days as an Aerospace Engineer got the best of me <ggg>

I am the first one to admit that Elliot wave counts are very subjective. In the case of this chart, the placement of count 2 could be argued. However I think the 1,3 and 5 counts are a given. With this type of wedge you will often see either a 3 or 5 count before a breakout according to standard theory.

Here is a link to a great free course on elliotwaves. It takes 36 days to complete since they only give you a lesson a day but it is well worth the time if you want to learn a little about the subject.

elliottwave.com

Best Regards
KEITH
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