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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: the-phoenix who wrote (1274)	4/3/2003 10:30:34 AM
From: At_The_Ask	Read Replies (1) of 41536

By labeling yesterday's ramp the iii of 1 or a, he is essentially saying that the new impulse wave started with Tuesday's Jello (the 'i' and 'ii' of 1/a). Does that make sense for how a 3 or 5 of C is supposed to look?(an impulse looks like an impulse. It doesn't matter what position or degree it is))) I thought this was supposed to be the most powerful stage of an impulse wave, but his count says it started with goo. His one doesn't start at the orthodox low. It makes sense for the three to be much bigger than the one. Also, by labeling Tuesday morning's high as the 'i', he has given himself plenty of room to avoid any chance of a 'iv' overlapping 'i', here. So we could completely fill yesterday's monster gap and his count would still be valid. It's not like he is using a trick or something, what he did was correct. As it states in EWP the 4 isn't going to retrace all the way back to the one. For a true impulse it should be more shallow and the 4 of 3 of the impulse is the usual target. This is very basic stuff. Use the resources in the thread header. It's not much to learn really. You could read the EWI thing and the other link in a couple of hours. I guarantee it will benefit you. This is quickest review though you should do the EWI tutorial too as it's the same as EWP which is the bible. elliott-wave-theory.com A note on the triangles that are illustrated is that the top of the prior wave is used to draw the b-d trendline which is incorrect. They are drawn from b to d and don't have to be lined up with the zero point.

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