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Home » Elliott Waves Suggest Bottom Is Not Yet In For Energy Stocks
US Indices

Elliott Waves Suggest Bottom Is Not Yet In For Energy Stocks

RamkiBy RamkiMay 13, 20163 Comments1 Min Read
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A new article has been posted on Forbes.com and will be yet another learning experience for readers of this blog.

Elliott Wave Analysis Energy stocks XOI
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View 3 Comments

3 Comments

  1. shawn on May 28, 2016 7:36 am

    Thank you for the very helpful and easy to understand wave counts. I also appreciate the alternate counts as well. This to me is what many people miss when using EW which is taking advantage of the smaller subdivision trades while waiting for the wave count to show itself

    Regards

    Reply
  2. Joe Hentges on October 13, 2016 4:07 pm

    I am curious about your use of an arithmetic chart for a long-term chart like this monthly chart. A logarithmic chart gives a different picture. I have always used a log chart by default but especially for longer time horizons. Your thoughts?
    Thank you.

    Reply
    • Ramki Ramakrishnan on October 15, 2016 12:16 pm

      Hi Joe, I have always held that the wave counts don’t matter so long as you know how to use them for your desired goal. Log charts will produce just as good a result as the regular charts. Just be faithful to the theory and be consistent in whichever format you are using, and you will be successful.Good luck.

      Reply

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