Swiss Stock market - text book Elliott Wave?

23 thg 11, 2017

This one will probably let me down right at the end of the move but I have attempted to show how this 5th wave has taken on board many facets of Elliott Wave. The principle of alternation in the two corrections, the fib extensions and the otherwise clear nature of the count. I am expecting another, final leg up to complete the 5th wave and this text book example of wave theory so it will probably go wrong here by not doing what I expect it is going to do. The final wave here is a bit ambiguous and could have completed already. Time will tell, as ever.

14 thg 12, 2017

Ghi chú

Nope. Wave 5 continued nicely as projected after a complex wave 4. Only question now is high will wave 5 go. A bit higher still I think.

19 thg 12, 2017

Ghi chú

This has really busted through my wave 5 targets so, to me, either this is a wave 5 that is extending or I need to think about an alternative count. This may be a possible alternative:

21 thg 12, 2017

Ghi chú

Wow. Really played out nicely for me if this really was a reversal signature to announce a top and end of a wave 5.

10 thg 1, 2018

Ghi chú

Not calling a top here but you could look at like this....