KLCI FEB 2016

25-2-2016

24-2-2016

23-2-2016

22-2-2016

18-2-2016

17-2-2016

15-2-2016

11-2-2016

wave A = 1667.80 - 1631.11 = 36.69

wave B = 1631.11 - 1670.93 = 39.82

possible wave C = 

wave A = C = 1634.24

or

Wave C =

minor a = 1670.93 - 1645.49 = 25.44

minor b = 1645.49 - 1652.54 = 7.05 0.277F

minor c = 0.618 of minor a = 1636.81

minor c = minor a = 1627.1

COMINTEL CORPORATION

Couter wave 3 waves..

A  0.59 - 0.73 = 0.24
wave B
0.382 - 0.68
0.50 - 0.66
0.618 - 0.645

HENG HUAT GROUP

23-2-2016

30 min chart

60min chart

daily chart

Ascending Triangle Breakout

DAYANG

23-2-2016

18-2-2016

15-2-2016

GOLD

Gold H1

Gold Daily

Dows vs Gold

Komark

18-2-2016

15-2-2016

3-2-2016

21-1-2016

LCTH

In a contracting triangle, can the e-leg be larger in price than the d-leg?

ANSWER:

The rules that make up a contracting Triangle are as follows...

1. Wave-a must be the longest in price of waves-a, c & e
2. Wave-e must be the shortest in price of waves-a, c & e
3. Wave-d must alternate in multiple ways to wave-b (price or time or complexity or structure)
4. Wave-d must trade at least part of the time in the same price range as wave-b

If the above rules are met, even if wave-e is longer than wave-d, then a contracting Triangle may be forming.

SKP Resources

15-2-2016

18-1-2016

7-1-2016

6-1-2016 invalid

NIKKEI 225

12-2-2016

Your book does not mention "leading diagonals" (i.e., a Terminal in the position of wave-1 or wave-a). Many Elliott Wave analysts recognize such patterns; do you think they exist?

ANSWER:

No, they don't exist. Such assumptions are caused by the absence of a rigid, logical rule set in the original theory relating to post-pattern behavior requirements. Under NEoWave, every Wave pattern must follow an extensive list of rules for its labeling to be possible. Afterward, and most importantly, post-pattern price action must confirm the analyst's assumptions by producing specific, defined behavior. The rigidity NEoWave brings to market analysis does not exist in orthodox Elliott Wave. That lack of rigidity is the cause of many inaccurate forecasts and false structural assumptions, such as "leading diagonals" and W-X-Y pattern groupings. In the second example (W-X-Y), I don't even know why that was created because it is completely unnecessary and can cause foundational, orthodox Elliott Wave rules to be broken.

KLCI Jan 2016

3-2-2016

1-2-2016

28-1-2016

22-1-2016

21-1-2016

Minor C from 1675.37

i = 1675.37 - 1648.66 = 26.71  

ii = 1648.66 - 1661.88 = 13.22 0.49F

iii = 1661.88 - 1608.81 = 53.07 1.98F

iv = 1608.81 - 1632.60 = 23.79 0.49F

V likely to be done at

wI=wV=1605.89 (broke today )

1.618wI = 1589.38

20-1-2016

18-1-2016

Wave 1 = 1503.68 - 1727.33

fibo support 

0.382 - 1638.67 

0.50 - 1615.51 

0.618 - 1589.11 

Possible Wave E 

wA = 1705.94 - 1653.37 = 52.57

wB = 1653.37 - 1675.37= 22  

possible wave C 

0.618wA=1642.88 (broke) 

0.764wA = 1635.20 

wA=wC = 1622.80 

1.382wA= 1602.71 

1.618wC= 1590.31

16-1-2016

13-1-2016

11-1-2016

10-1-2016

6-1-2016

4-1-2016