Jump to content



Photo

Compq and TSE wave counts


  • Please log in to reply
No replies to this topic

#1 ChickenLittle

ChickenLittle

    Member

  • Traders-Talk User
  • 137 posts

Posted 24 May 2007 - 09:53 PM

The wave pattern doesn't appear to be complete in the TSE (oil influence??). TSE normally is in lock step with our market.
http://www.imageuplo...p01&i=82814.png

This could be a completed wave and may trace out 2 steps down before the rest of the market plays catchup.
http://www.imageuplo...p01&i=82813.png

I use a simplified version of wave counting that uses KISS, keep it simple & stupid. Try it, it works.
History always repeats . . . only the details change.