Wednesday, 27 January 2010

Wave 5 nails high of the day !


OK, If you look back at the first post today on the 15min, you can see that the DP’s not only nailed the low of the day for us, but also nailed the high of the day !

Sop was there anything that would have helped nail this high on the 3min Chart ? There certainly was

If you look at the chart, you can see how the Elliott Wave module found a 5-wave sequence going into the high. But (this is the important part) can you see how the high of the day fell right at the Typical Wave 5 WPT ! The YM then decline sharply for the rest of the day....

What a day yesterday, where the tools in MTPredictor nailed both the high and low of the day for you in the US markets, absolutely brilliant !

Thanks, Steve