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Strategies & Market Trends : CFZ E-Wiggle Workspace
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From: skinowski3/5/2025 12:42:16 PM
3 Recommendations

Recommended By
kckip
pedro_deleon
toccodolce

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This is the nuisance part about Elliott Waves. Reminds me how I always hated the longer term counts. Why? Because they can literally mess up your life.

They take much too long to be proven Right. Or Wrong.

You may be better off using EW only for intermediate and shorter term stuff.

In this case, they think the orthodox W3 from 2009 topped in 2021. That we are now on the verge of a 50% haircut. After that, we rally to about SPX 7000, and then drop down to about 1200.

You can see their labeling on the chart.

IMHO, it makes a lot more sense to simply ignore all this - and to use a simple trend following scheme. You’ll keep making money when the trend goes your way — and ignore the markets and enjoy life during times when the trend goes against you.

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