KISS like McGrath

[marcus]

Re: Wolfe+Trendlines

Next you will be saying Kiss like an insect..

noooooooo kiss like Mallika sherawat ......

 

[sattimes]

hi wolves,

pls see the attached hourly chart of JP associates, did i identify wolf wave pattren correctly? ur comments appreciated.

if yes , can we expect dowside tommarow?. is the tail protruding after 5th top is permitted?

regards,
Satish

 

[Ajax]

Dear sattimes

Time wise its ok , but price criteria -ve.
Not a proper wolfe wave. Whatever happens tommorow
it would not be because of ww

Ajax

 

[sattimes]

Dear sattimes

Time wise its ok , but price criteria -ve.
Not a proper wolfe wave. Whatever happens tommorow
it would not be because of ww

Ajax

hi ajax,

by 'price criteria -ve' do u mean to say 3 is not higher than pivot 1, hence WW criteria not matched?

satish

 

[Ajax]

Dr sattimws
yes and look for bearish patterns in overheated condition and bullish in oversold times. WW will result in reversal and not continuation of the trend
regards

Ajax

 

[marcus]

Dear Ajay,

Could you please tell me where you'v read ww is a reversal and not continuation of a trend, I'm not disputing it or anything of the sort (thought I better explicitly state that so ashish dosen't huff n puff heh heh ... justa joke) I'm just curious to know if your observation is from personal past experience or is it a part of Mr. wolfe's original guidelines.

thanx for this great thread

 

[Ajax]

Dear marcs

WW will develop as continuation of the current trend but its result will be in form of counter trend / reversal

Ajax

 

[noboundries]

members do comment on chart of 30 min ultra tech cement

 

[kindman]

Noboundries Plz Upload As Picture File..

Why Do U Upload It As Rar?? Zip??

 

[Ajax]

Hi all

This thread was meant to keep things simple and follow.....
Those interested in lengthy , academic discussions may please
note there are many other threads here in Traderji

Regards

Ajax