Elliott Wave Analysis 121811

Elliott Wave analysis of the Shanghai Composite, the U.S. Dollar, the Dow Jones Industrial Average and Gold.

Nothing in this video is to be taken as trading or investment advice. This video is educational only and explores whether or not the Elliott Wave theory can be useful in determining market direction. It also serves as education on Elliott Wave Theory and on recent market history. It is not a solicitation to buy or sell any securities. Market participation can be a risky endeavor, and cause loss of some or all capital. Consult your financial adviser regarding the suitability of market participation regardless of any information in this video.

The information contained herein is exclusive to the "studyofcycles.com" and is subject to the applicable copyright laws. Reuse or republication without the expressed consent of the author is prohibited.

Category:

Science & Technology

Tags:

• Elliott
• Elliott Wave
• Stocks
• Stock Market
• Technical Analysis
• Dow Jones
• DJIA
• NASDAQ
• S&P
• SPX
• FTSE
• Shanghai

[nevadaxtube]

The audio is very unsettling.

[ElliottTrader]

@nevadaxtube Got ya.

[TheMailrouter]

Great video,

about the right look:

I am not a fan of the bullish count due to the current economic situation. However, page 59 of the wave principle shows a drawing with clear overlap of the wave 2 of an extended 3. I am only bringing this up since you cited the other pages.

Any thoughts on that?

[ElliottTrader]

@TheMailrouter If you are referring to Fig. 1-50, in the 10th Edition, in that case then (in the correct count diagram) the entire first wave and second sub-wave are contained within the first wave. In other words, sub-wave (i) does not travel beyond the end of 1. So it looks like a different case, especially given that the entire discussion is about fifth wave extensions and we are in no way talking about a fifth wave here. Good question!

[TheMailrouter]

@ElliottTrader Not trying to be difficult, but it is actually about a 3rd AND 5th extension and also shows that there may not be a discernable relationship between the 2nd wave of a 3rd wave extension and the peak of the previous larger wave 1 as suggested.

Maybe often such extension does travel further, but maybe not always.

Thanks for all the alternative counts, that was very useful!

[ElliottTrader]

@TheMailrouter Very welcome. I'll check into it further. That's what learning is all about. Perhaps we might both agree that it would be great to have more specific verbiage to refer to in the text. None-the-less, it worth it for me to review it again. Thanks for the comment.

[DrJay11111]

Please stick to a real human voice.

[TikiManTimoki]

Thank you - lose the elec, voice

[ElliottTrader]

@adamarla1 Clearly understood! Unfortunately it was that or nothing this week. Apologies.

[adamarla1]

Great video but the electronic voice is extremely annoying!!