Hello mr morten, I follow your analysis for some time now and at first it was a bit much to swallow, all the terms and so on. But I studied a bit and set up my trading workstation and slowly it made more and more sence. Now I am really happy that I found this forum and your analysis and I really find it very usefull to understand what is going on. So first a lot of thanks that I can learn from you.
Question: I see some elliot wave people say that we are in wave 4, so a big spike up wave 5 will occur so we would break the previous highs. I follow elliot wave and it helps me in my trading but I just follow it for the spx500 and gold. So what do you think about the wave 5 up?
Question: I see some elliot wave people say that we are in wave 4, so a big spike up wave 5 will occur so we would break the previous highs. I follow elliot wave and it helps me in my trading but I just follow it for the spx500 and gold. So what do you think about the wave 5 up?