Discussion of Elliott Wave Principle in today’s video. “Pull Back” and “End of Trend” warning signals on the Better Sine Wave indicator in my mind are equivalent to Wave 4 and Wave 5 moves using the Elliott Wave Principle. Which just goes to show – there’s nothing new under the sun.
Interesting trivia. Got a huge amount of traffic from my last post mentioning the “Stock Market Crash Warning” indicator based on the latest Commitment of Traders data. I’m trying to decide if this is a contrarian indicator. In any case, if I ever want to bring down my server the magic words are “stock market crash”.
Going to try posting more videos to YouTube. The quality won’t be as good as you get on the website but I feel as if I’m neglecting a useful broadcast channel. Hope your Emini trading is going splendidly.