Elliott Wave Live: After the Bell : 2007-20011 Analogy Update

Tuesday, August 9, 2011

After the Bell : 2007-20011 Analogy Update

The above chart updates the 2007-2011 analogy that I have been working. In 2007 the decline from 1527 to 1262 took 6 weeks and fell 265 points. Fast forward to 2011 and the decline from 1352.75-1097 took 5 weeks and declined 255 points.

Coincidence? Nothing is guaranteed but like they say.... if it isn't broke don't fix it.

Best of Trading

1 comment:

MikeAugust 9, 2011 at 6:03 PM
I have corrected an error in the duration of time from days to weeks. Sorry for any inconvenience.
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Tuesday, August 9, 2011

After the Bell : 2007-20011 Analogy Update

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