Comments on: S&P 500: Potential Ending Diagonal Triangle http://www.wavetimes.com/sp-500-diagonal-triangle/ Ramki teaches you the practice of Elliott Waves with real world examples Tue, 07 Feb 2012 12:57:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ramki http://www.wavetimes.com/sp-500-diagonal-triangle/#comment-10 Ramki Tue, 21 Apr 2009 11:09:10 +0000 http://www.wavetimes.com/?p=216#comment-10 Hello Yong-Long, It is reasonable to expect another sharp recovery once we have corrected down to 756 (or lower). The main reason is we have just finished a 5-wave move. Whether the next rally is a 3rd wave or a 'c' wave need not bother us just yet. Suffice to know that that move, when it happens, will be steeper, and swifter than the rally from 666 to 875. Ramki Hello Yong-Long,

It is reasonable to expect another sharp recovery once we have corrected down to 756 (or lower). The main reason is we have just finished a 5-wave move. Whether the next rally is a 3rd wave or a ‘c’ wave need not bother us just yet. Suffice to know that that move, when it happens, will be steeper, and swifter than the rally from 666 to 875. Ramki

]]> By: Yong-Long Lai http://www.wavetimes.com/sp-500-diagonal-triangle/#comment-9 Yong-Long Lai Tue, 21 Apr 2009 10:29:29 +0000 http://www.wavetimes.com/?p=216#comment-9 this is playing out nicely… looks like 756 is inevitable… looking more at the longer term view, where do you think we are in the elliott cycle? I’m thinking mid March till early late April is a wave 1 on a daily/weekly chart and the target of 756 (testing the previous bottom of 666) is a wave 2… i.e. wave 3 is just around the corner with at least a 33% movement up to at least 1,000 in the months ahead. What are your thoughts on this? this is playing out nicely… looks like 756 is inevitable…

looking more at the longer term view, where do you think we are in the elliott cycle?

I’m thinking mid March till early late April is a wave 1 on a daily/weekly chart and the target of 756 (testing the previous bottom of 666) is a wave 2… i.e. wave 3 is just around the corner with at least a 33% movement up to at least 1,000 in the months ahead.

What are your thoughts on this?

]]> By: Ramki http://www.wavetimes.com/sp-500-diagonal-triangle/#comment-6 Ramki Mon, 20 Apr 2009 09:10:49 +0000 http://www.wavetimes.com/?p=216#comment-6 Hello Donna, Thank you for your comment. I think we are going to see some back-and-forth moves around here before the sell off. Please see today's post. Best wishes. Hello Donna,
Thank you for your comment. I think we are going to see some back-and-forth moves around here before the sell off. Please see today’s post. Best wishes.

]]> By: Donna http://www.wavetimes.com/sp-500-diagonal-triangle/#comment-5 Donna Sat, 18 Apr 2009 01:10:41 +0000 http://www.wavetimes.com/?p=216#comment-5 Hi What is the outlook of this formation as of today's close (April 17th?) Thank you. Hi

What is the outlook of this formation as of today’s close (April 17th?) Thank you.

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