Jump to content



Photo

New Update: Higher Into Friday Expected

SPX

  • Please log in to reply
20 replies to this topic

#21 andr99

andr99

    Member

  • Traders-Talk User
  • 7,449 posts

Posted 14 August 2023 - 10:06 AM

the E-wave theory is a fake like many other fakes like religion, philosophy, etc.etc. The problem is that you need to have a large scientific background in order to distinguish what is real from what is a fake. The stock market doesn't move in five legs as there is not scientific evidence of that. Secondly, the count you make depends on where you put your starting point and that is not scientific as you may have different forecasts just moving your starting point. Thirdly if you don't have a way to distinguish waves from sub waves, whatever count is allowed. In other words, to me if I have to say it frankly, the whole EW theory is pure SH@T   


Edited by andr99, 14 August 2023 - 10:08 AM.

forever and only a V-E-N-E-T-K-E-N - langbard






Also tagged with one or more of these keywords: SPX