Tuesday, December 15, 2009

By User: Picture perfect Elliott Impulse in the USD Index

Name: akshay chinchalkar

Elliott counting can't get better than this. We have had a 5 wave impulse from the bottom at 74.17, but the fact that we are in [3] cannot be confirmed until 2 things happen, 1) the market corrects in an ABC wave [2] and then breaks the more recent high in wave [3]. Whatever the case, i do expect the USDX to fall to the area of the lower degree w4, before the trigger is pulled. Again, i have never seen a better impulse count on intraday charts lately.

1 comments:

gambling link building said...

"1) the market corrects in an ABC wave [2] and then breaks the more recent high in wave [3]. Whatever the case, i do expect the USDX to fall to the area of the lower degree w4, before the trigger is pulled. Again, i have never seen a better impulse count on intraday charts lately. " - that's right, we all need patience here.