How long do Wave 3's last?
#1
Posted 06 February 2012 - 04:13 PM
http://www.traders-t...howtopic=137684
If we are in a wave 3 of 3 then this is a resilient, robust, rocket market, which will decimate the bears. I have never seen such unprecedented monetary easing, and money now going from the bonds to the stocks.
How far does a wave 3 extend? I would have thought 1.6x the wave 1 move
#2
Posted 07 February 2012 - 06:38 AM
I felt this was a great question to ask, yet for some bizarre reason no one here answers: hmmmmmmmm
http://www.traders-t...howtopic=137684
If we are in a wave 3 of 3 then this is a resilient, robust, rocket market, which will decimate the bears. I have never seen such unprecedented monetary easing, and money now going from the bonds to the stocks.
How far does a wave 3 extend? I would have thought 1.6x the wave 1 move
Excellent question. I have found this handy little guide useful.
http://www.tradingfi...-wave-guide.htm
#3
Posted 07 February 2012 - 10:19 AM
It all depends on the degree of trend.How far does a wave 3 extend?
Fib
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