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nifty elliot wave possiblities |
zzz
White Belt
Joined: 13 May 2008
Posts: 11
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Post: #1  Posted: Sat Mar 14, 2009 10:53 pm Post subject: nifty elliot wave possiblities |
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will this correction take more time ? Is nifty making a descending trianlge or has it already made a symetrical triangle ?
case 1: If it is symetrical triangle, breakdown has already happened and the upmove will not last longer.
case 2: nifty has a tgt around 2900+ forming a descending triangle and then crack down sharply..
chek attachment for details |
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biju1984
White Belt
Joined: 29 Aug 2008
Posts: 1
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| Post: #2 Posted: Thu Mar 26, 2009 8:48 pm Post subject: |
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dude.. it exceeded case 2 target of 3000..
u should have included a case 3 with triangle breakout on the upside..
Elliot wave followers are busy trying alternate counts.. |
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