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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST
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To: UnBelievable who wrote (57067)7/23/2000 10:22:09 AM
From: bobby beara  Read Replies (2) of 99985
 
3 is a very natural number, wychoff calls it 3 drives to a top, elliot 3 impulse waves to a top, rasche's 3 little indians top, you have the three gaps - breakaway gap, the continuation gap and the exhaustion gap, the h&S top with 3 points, but that doesn't mean that all rising wedges end with 3 touches, you want to see a wild rising wedge, look at adbe.
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