Monday, January 25, 2010

Elliot Wave counting attempt

Hi,

Tonight I decided to try some Elliot Wave counting in the silver chart, only for the last visible leg. The result is this:




















I'm only aware of some basic rules of this theory. I hope I haven't broken
any of them. There are some "exception" rules that I need to study more,
but I think this count is correct (only have doubts regarding the last abcde,
because I think some truncation may have happenned and wave v may be finnished).
This count blows if the SLV reaches 15.78...

Elliot guys...please comment :)

Regards.


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