Tag Archives: Robert R. Prechter
21
Feb
Lesson 13: More Guidelines
Scale
The larger the degree, the more necessary a semilog scale usually becomes. On the other hand,...
17
Feb
Lesson 11: Forecasting Corrective waves
Depth of Corrective Waves (Bear Market Limitations)
No market approach other than the Wave Princi...
11
Feb
Lesson 10: The Guideline Of Alternation
The guidelines presented in Lessons 10-15 are discussed and illustrated in the context of a bull mar...
10
Feb
Lesson 9: Corrective Combinations
Double and Triple Threes
Elliott called sideways combinations of corrective patterns "double threes...
09
Feb
Lesson 8: Triangles
Triangles appear to reflect a balance of forces, causing a sideways movement that is usually associa...
08
Feb
Lesson 7: Flats (3-3-5)
A flat correction differs from a zigzag in that the subwave sequence is 3-3-5, as shown in Figures 1...
07
Feb
Lesson 6: Zigzags
CORRECTIVE WAVES
Markets move against the trend of one greater degree only with a seeming struggle....
06
Feb
Lesson 5: Diagonal Triangles
A diagonal triangle is a motive pattern yet not an impulse, as it has one or two corrective characte...
05
Feb
Lesson 4: Motive Waves
Motive waves subdivide into five waves with certain characteristics and always move in the same dire...
04
Feb
Lesson 3: Essential Concepts
The phenomena of form, degree and relative direction are carried one step further in Figure 1-4. Thi...