Elliott Wave Rules Upgraded and Previewed S&P 500 Drop Last Week.

Well at least the New Elliott Wave Rule did!

It may very well be that through some very hard and tedious ‘extensions’ guesswork an EW technician could have made that call as well. The simpler counting technique which eliminates that altogether is what this analyst prefers.

Why make it more difficult than it needs to be? ( KISS – It’s not like trading and forecasting is easy so the simpler the better, right? )

In our Forum we have a detailed count picture for the Latest S&P500 Count. This shows an uncomplicated view and you’ll want to read the book to find out how you can apply this method. It is just what the waves are doing so of course you want to be “In on it”.

No matter whether you are already using a Forex Trading System or a Stock, Futures or Commodities trading setup the global viewpoint is enhanced by a correct wave analysis. No longer is this so cumbersome that the answer is almost not worth the effort as is commonly the complaint about traditional Elliot Wave methods.