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nick.holland78
31 Mei 2018 pukul 18.38

SPX - Elliott Wave Big Picture 

S&P 500SP

Huraian

I calculated log-based fib extensions on SPX, weekly candles. Wanted to share.
Komen
Cincinnatuus
Hey Nick, a lot of times what you see with first waves and fifth waves is that they match in time and/or price. The implication for us would be circled wave 5 would be two years long like, circled wave 1, or the magnitude of circled wave 5 would be around the length of circled wave 1. The wave that came out of circled wave 4 has already met both of those requirements... Thus there is a good chance circled wave 5 is done... So one would then look for some sort of confirmation of completion, like say over-extended RSI or say a sharp sell-off down of magnitude and momentum. Cheers!
nick.holland78
Closer view, daily candles.
UnknownUnicorn1159425
@nick.holland78, btc like sp500
UnknownUnicorn1159425
Lebih