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Sunday, January 9, 2011
The Elliott Wave Trader knocks the ball out of the park on this special extended length week-end video. For those of you from the Chatroom, you know him best as ET. He starts out with a look at the long-term SPX and how to define 3rd waves by using the Relative Strength Index (RSI), followed by a closer look at the "Hope" rally and follows up on what constitutes an Impulse wave from some awesome work done by Binve at Market Thoughts and Analysis. ET, then finishes up the video with a very detailed look at the short-term squiggles and a couple charts of the Dollar.
This is an EXCELLENT video using REAL orthodoxed Elliott Wave Theory and includes some very impressive Fibonacci relationships.