INDEX
Adams, Ansel, 403
Advanced Elliott Wave Analysis, 246
Aerodynamic Trading, 83
Alberti, Leon Battista, 406
Allman, Dave, 288
Alpha, 5
Alvin-West Germany, 16
Angles for trend line, 90, 90f
Arms, Richard W., Jr., 370
Asian indexes, 390
Astronomy, 223
Bear market
divergence pattern and RSI, 14
divergences present in DMK/$ chart, 186, 186f, 187
Gann analysis, 56
price objectives derived from reversals, 186, 186f, 187
resistance line and RSI, 18
RSI ranges, 8
Benner, Samuel, 28, 40, 44, 48
diminishing confidence in currency, 50
Benner’s Nine-Year Cycle in Pig-Iron Prices, 28–29
dominant trading cycles, 28f
Benner’s Prophecies (Benner), 40
Benner’s Prophecies of Future Ups and Downs in Prices (Benner), 44–47
Berra, Yogi, 116
Bethlehem Steel, 23
Bigger picture, 29, 49, 166, 327, 350
short-horizon building blocks, 284
Bollinger, John, 370
Bollinger Bands, 360
volatility bands on oscillators, 365, 366f
Bond chart
using oscillators with Elliott wave principle, 352, 357f
Bond market, 349
Breakthrough in Technical Analysis: New Thinking from World’s Top Minds (Keller), 55, 163, 212, 226, 377
Brown, Connie
list of authored books, 435–436
Brown’s Composite Index in MetaStock, 432
Brown’s Composite Index in TradeStation, 432
Brown’s Derivative Oscillator, 431
Bull market
diagonal triangle pattern, 341, 342f
divergences present in DMK/$ chart, 186, 186f, 187
Hang Seng Equity Index, 10
indicating correction, 129
price objectives derived from reversals in RSI, 186, 186f, 187
RSI ranges, 8
RSI shift, 7
RSI signal, 124
using oscillators with Elliott wave principle, 341, 342f
Candlesticks, 61
Capitulation bottom, 39
Capitulation spike, 11
Charting principles of depth perspective 403–428
China, 390
Shanghai composite with time analysis study, 58f
Circles, 16
Coiling pattern, 339
using oscillators with Elliott wave principle, 247–248, 249, 249f
Composite Index, 357, 369–401, 376
Cash S&P 500 in monthly and weekly time horizons, 377–379, 378f
Cash S&P 500 in weekly and daily chart, 387–390, 389f
charts for six Funds, all Corporate Debt BBB, 393, 394f
detrended oscillator, 201
detrended simple moving average, 387–390, 389f
divergence, 130
divergence signal, 380
diverging with price, 378f, 379, 380, 381f
Fibonacci projection adjustments for higher probability targets, 146, 146f
forms negative reversal, 272
horizontal trend line, 310f, 311
monthly, daily and 240-minute time horizons, 387, 388f
monthly, weekly and 88-minute chart of German DAX Index, 383, 384f
monthly, weekly and 240-minute December 2–11, 383, 385f
resistance zone, 380
and RSI divergence between, 299
Templeton Dragon Fund, Fidelity China Region and Templeton China World, 390, 391f
trend lines, 131
using oscillators with Elliott wave principle, 316, 316f
Zigzag, 311
Confluence targets
Gann, 57
Connie Brown’s Composite Index
MetaStock plot, 432
TradeStation plot, 432
Connie Brown’s Derivative Oscillator, 431
Contracting triangle, 338
short-horizon DMK/$ chart, 336
using oscillators with Elliott wave principle, 330, 331f
Converging lines, 407
triangle pattern, 341
upward, 405
vanishing point, 409
Corrections
Flat patterns, 292, 292f, 294, 294f, 296
three-wave decline, 297
using oscillators with Elliott wave principle, 287–346, 291, 291f, 292, 293, 294f, 294, 296
waves 2 and 4, 280
Currency, 394
diminishing confidence, 50
Curve-fitting technical indicators, 66
Cycle
analysis, 212
definition, 211
expansion and contraction, 29
fixed periods, 54
low, 317
meaning, 28
rhythmic fluctuations, 28
rhythmic undulations, 29
tools, 28
Daily charts
Cash S&P 500 with Composite Index, 387–390, 389f
corn futures, 100, 101f, 104, 104f, 228, 229f
DJIA market action for August 1998, 313, 313f, 314, 323, 325f, 336
dominant trend lines, 100, 101f, 104, 104f
Fibonacci projections for higher probability targets, 157, 158f, 167, 167f
Gann analysis calculating price and time objectives, 228, 229f
London’s Gilt Bond futures market, 127, 127f, 128
Nasdaq February 27, 2007, 165, 165f
price objectives derived from reversals in RSI, 204f, 205f, 206f, 207, 208f
signals from moving averages, 127, 127f, 128
S&P 500 futures, 86, 87, 87f, 342, 343, 343f
time horizon oscillations, 10, 10f
timing signal, 89
US Bond futures and trend lines, 90f, 91
USDCHF chart and Composite Index, 396, 401f
using oscillators with Elliott wave principle, 312, 312f, 313, 323, 325f, 335, 342, 342, 343
US Treasury 30-Year Yields, 21, 22f
Deep second wave down, 12
Depth perception cue, 405, 416
Depth perspective applied to two-dimensional charting, 403–428
Derivative Oscillator, 371
Detrended oscillator, 201
Detrending method, 41
combine with Gann cycle, 43
fixed cycle, 215
fixed period cycle, 41
Index of International Battles, 51
9-year cycle in new Presbyterian church members, 52
Divergence
Composite Index, 130
patterns, 371
price and Composite Index, 380, 381f
signal, 380
warning and RSI, 4
Dominant trading cycles are not time symmetrical, 27–58
Benner 9 year in pig-rion prices 1834–1900cyc, 28f
China Shanghai composite with time analysis study, 58f
European Wheat Prices 1500–1869, 51f
growth of Presbyterian Church in America 1826–1948, 52f
index of international battles from 550–1957, 48f
major real estate activity USA 1795–1939, 42f
Nikkei 225 Index, 30f, 31f, 35f, 37f, 38f, 39f
pig-iron market panics 1800–1991, 42f
Dominant trend lines not always from extreme price highs or lows, 79–105
daily chart for US Bond futures, 90f, 91
daily chart of S&P 500 futures market show trend lines, 86, 87, 87f
daily charts of Corn futures market, 100, 101f
demonstrates new parallel line, 101, 101f
demonstration using daily Corn futures, 104, 104f
German DAX Index trend lines, 96, 96f
intersection of two trend lines, 88, 89, 89f
20-minute bar chart for September US Bond market, 97, 98, 98f, 100
80-minute bar chart of Japanese Yen per US Dollars, 93, 93f
120-minute chart of Dow Jones, 82, 82f, 84f, 86f
puzzle displays nine squares, 80, 80f, 81f
trend line marks reason prices have stalled at current levels, 99, 99f, 100
Double bottom RSI formed, 364, 365f
Double three chart, 341
RSI indicator, 345–346
using oscillators with Elliott wave principle, 345–346, 346f
Double Zigzag, 318
internals, 303
Double Zigzags
using oscillators with Elliott wave principle, 303, 303f
Dow Jones Industrial Averages (DJIA)
Fibonacci retracement, 299
programs triggered, 5
using oscillators with Elliott wave principle, 294, 295f, 348f
Eastman Kodak, 403
Economic downturn and real estate market, 43
80-minute bar chart of Japanese Yen per US Dollars, 93, 93f
88-minute bar chart, 72
comparison to 60-minute, 70, 71f
Fibonacci projections for higher probability targets, 148, 148f, 149
German DAX Index and Composite Index, 383, 382f
11-period RSI, 72
S&P 500, 70, 71f, 72, 148, 148f, 149
89-period cycle, 31
11-period RSI calculated from S&P 500 futures market
choosing and adjusting period setup for oscillators, 72, 72f
88-minute chart, 72
Elliott Wave Principle (EWP), 61, 68, 113, 120, 129, 147, 246. See also Using oscillators with Elliott Wave Principle
advanced, 246
arguments against, 250–260
basic building blocks, 250
corrective flat pattern, 288, 397
developed into Gann price and time target, 281
five-wave pattern, 263
five-wave pattern labeled, 273
graphic puzzles, 288
guideline to anticipate alternating corrective patterns, 326
interpretation, 146
mastering, 246
rules and guidelines, 273
13 patterns listed, 344
wave count, 157
Elliott Wave Principle: Key to Market Behavior, 274
European Wheat Prices 1500–1869, 51f
Excel and price projections, 175–180
Expanded Flat pattern, 292, 296, 301, 307
develop, 314
extending five-wave decline, 300
Expansion and contraction properties between cycles, 213–216
Extending five-wave decline
Expanded Flat pattern, 300
using oscillators with Elliott wave principle, 300, 300f
Extending pattern real time, 310
Extend trend lines forward, 85
Extreme displacement, 203
Extreme oscillator low, 180
Fibonacci, Leonardo, 33
Fibonacci Analysis, 103, 135, 136, 137, 144, 156, 201
two charts of Cash S&P500 in monthly and weekly time horizons, 377–379
support, 261
Fibonacci confluence target, 103
Fibonacci confluence zone, 156, 161, 382
accurately identified historic support level, 154
Fibonacci cycle, 35
projections, 32
Fibonacci grids
start of large third wave, 333
Stochastics pop correctly warned market weakness, 334
Fibonacci projection adjustments for higher probability targets, 135–168
bought oil base on RSI signal, 164, 165f
chart of weekly Crude Oil futures, 139, 140f
daily Nasdaq February 27, 2007, 167, 167f
displays Composite Index and RSI, 146, 146f
88-minute bar chart of September S&P 500 futures contract 1998, 148, 148f, 149
exact price objective drawn, 149, 150f, 151
Fibonacci retracements, 139, 140f
geometric targets, 204
monthly and daily Gold charts, 158, 158f
monthly and weekly Gold futures market, 155, 155f, 157
oil market captured on March 19, 2008, 164–165, 166f
September S&P 500 contract, 152, 152f, 153
240-minute intraday view of Gold futures, 143, 143f, 145, 146f, 148
weekly chart of T-Bond futures market, 138–139, 138f
calculate, 16
Fibonacci relationship 1.618 relative to first wave, 277
Fibonacci retracements, 15, 321
DJIA produced minor advance, 299
higher probability targets, 139, 140f
levels, 272
price spike calculating, 333
Fibonacci swing
projections, 148
Fidelity China Region, 390, 391f
Financial markets
Bethlehem Steel covers period of 15 years, 23
daily chart for US Treasury 30-Year Yields, 21
range rules, 21
weekly chart for stock Novell, 21
Five-wave advance, 270
labels, 274
weekly NASDAQ chart, 267
Five-wave pattern, 270
decline projecting Fibonacci swings, 307
Elliott wave pattern, 105
Elliott Wave Principle, 263, 273
failure, 12
subdivided using oscillators with Elliott wave principle, 271, 273
tracking patterns, 342
using oscillators with Elliott wave principle, 266, 266f, 269, 269f, 271–275, 295, 337, 338, 338f
weekly Gold chart and 60-minute data, 304
Five-wave rally
using oscillators with Elliott wave principle, 285, 285f
Fixed period cycles, 29, 40, 41, 54, 55, 215
Flat corrective pattern, 297
Flat forming letter N, 296
Flat pattern, 292
triangle interpretation, 334
using oscillators with Elliott wave principle, 334, 334f
Freefall, 164
Gann, William Delbert, 41, 53, 57, 58
calculating price and time objectives, 211–246, 238–242
confluence targets, 57
create Gann wheel in Excel, 238–242
daily chart of corn futures, 224, 224f
diagonal axis fan lines and Gann squares, 230–238
diagonal axis planetary lines, 228–230
Fibonacci confluence target zone overlapped, 178
harmonic ratios, 216–219
horizontal axis and Gann wheel, 238–242
identifying exiting or entering market, 212
monthly Nikkei data displayed with four Gann Squares, 233, 234f, 235
NASA image time cycle explanation, 226, 226f
next bear market, 56
Square of Nine, 239, 239f, 240
time cycles examples of Gann’s analysis on vertical axis, 219–227
two gray areas helping eye stay within white Gann Fan area, 237, 238f
two-week chart of corn prices, 225, 225f
Wheat charts, 213, 213f, 214f, 220f, 215, 224f
x and y axes affecting how box looks, 231f, 232
Gann boxes, 236
Gann charting program, 221
Gann confluence target zone, 102, 178, 261
Gann contracts, 164
Gann cycle, 43
relationship between, 232
Gann objective, 302
US market in serious trouble, 303, 304
Gann Square, 236
Gann time targets, 312
confirmation, 305
and five-wave pattern, 269
and price, 286
real-time scenario, 269
create in Excel, 242–246
Lambert-Gann Publishing Company, 242
Georgia State University, 217
German DAX Index
programs triggered, 5
Global financial complex, 125
Global indexes, 3
Golden Section, 16
Grand SuperCycle fifth wave, 350
Graphic puzzles
Elliott wave corrective wave patterns, 289
using oscillators with Elliott wave principle, 288, 289f
Great American Depression, 48
Great Cycle, 55
Growth and decay cycle, 29, 32
Half cycle length, 70
Hang Seng Equity Index, 10
Harmonic ratios, 216–219
Hidden signal, 186
High-Low-Close (HLC) bar cart, 260
High-probability pivot, 36
Histograms, 113
vertical lines, 411
Historic momentum extreme low, 205
Horizontal cross-sections, 236
Horizontal level, 199
Horizontal price axis, 103
Horizontal trend lines, 113, 406
using oscillators with Elliott wave principle, 315, 316f
Zigzag, 315
How to Make Profits Trading in Commodities (Dewey), 52, 54
Impulsive waves
using oscillators with Elliott wave principle, 260–287
waves 1, 3 and 5, 265
Independent cycles, 30
Indicators
inherent weakness, 256
pattern develops, 277
pop, 277
response to market movement, 116
RSI, 6
set periodicity (stochastics), 75
use closing price to calculate, 112
Intersection of two trend lines, 88, 89, 89f
Irregular Flat, 301
John Gann’s methods, 41
Jones, Paul Tudor, 374
Keller, David, 55, 163, 212, 377
Kodak area of research, 404
Lane, George, 63, 68, 161, 273, 370
Lavoie, Alphee, 219
Liber Abaci, 33
Linear perspective of two-dimensional charting, 405–412
Longer time horizon, 284
Long-period moving average, 129
Long-term analysis, 346–358
Long-term pattern, 259
Long-time horizon charts, 125
choosing and adjusting period setup for oscillators, 76, 76f
need studies as illustrated, 76
Stochastics, 109
Manning Stoller Bands to Plot on RSI in TradeStation, 433
Manning Stoller’s STARC Volatility Bands for TradeStation, 433
Market
coiling and third wave position, 277
and compressed x axis, 265, 266
failure and key reversal, 89
forecasts and accuracy, 258
overbought or oversold, 359
trend and timing, 86
Market Technicians Association, 40
Market Trader Gold, 219
Mathematical Formula for Market Predictions: Master Mathematical Price, Time, and Trend Calculator (Gann), 55
Median plane, 405
MENSA International, 288
Microsoft Excel, 168–171
Modified Stochastics Club, 70
Monthly charts
Cash S&P 500 time horizons, 377–379, 378f
Composite Index, 383, 384f, 385f
Fibonacci projections for higher probability targets, 155, 155f, 157, 158f
Gold futures market, 155, 155f, 157, 158f, 199, 199f, 200–201
Nikkei data displayed with four Gann Squares, 233, 234f, 235
price objectives derived from reversals in RSI, 198, 198f, 202f, 203
Moving averages
crossing over one another, 119
dynamic in real-time conditions, 117
frequently absent in real-time charts, 107–131
oscillator pattern, 276
signals from, 107–131
Stochastics, 119, 121, 431–434
oscillator, 126
RSI, 15
Multiple Fibonacci cycles, 36
Multiple retracement levels, 155
Multi-year contracting triangle, 244
Murphy, John, 370
NASA image time cycle explanation, 226, 226f
Negative reversal
calculating estimated market decline, 190
Composite Index, 276
price objectives derived, 190–191, 191f
signal, 277
signals and price targets, 191, 192f
New Concepts in Technical Trading Systems (Wilder), 360
Nikkei 225 Index, 30f, 31f, 35f, 37f, 38f, 39f
9-year cycle in new Presbyterian church members, 52
Numerous symmetrical cycle bottoms, 39
NYSE crash, 48
October crash of 1987, 204
Oil market captured on March 19, 2008, 164–165, 165f
Omega TradeStation, 117
software optimize period, 66, 66f
One harmonic, 228
One point perspective, 406
principles of depth perspective, 406, 407f
120-minute chart of Dow Jones, 82, 82f, 84f, 86f
Orthogonal line of convergence, 412
Oscillating sine waves, 218
Oscillations do not travel between 0 and 100, 3–26
Bethlehem Steels covers 15 years, 23f
charts Hang Seng Equity Index, 10, 10f
daily chart for US Treasury 30-Year Yields, 21, 22f
monthly bar chart creation, 20–21, 21f
monthly chart for S&P sector beverages, 20, 20f
RSI with daily bar chart of Yen futures, 6, 7f
weekly chart for Caterpillar, 19, 19f
weekly chart for stock Novell, 21, 22f
weekly DMK/$ chart covers five-year time interval, 13, 13f
weekly Dow Jones Industrial Average chart, 9, 9f
Yen futures market but over weekly time horizon, 7, 8f
Oscillator. See also Using oscillators with Elliott Wave Principle
advances or declines, 94
bull market, 10
characteristic swing action, 69
creates new high or low, 278
extreme, 181
extreme low, 17
high under resistance zone, 17
horizontal trend line, 95
horizontal trend lines, 92
low, 95
lows, 120
monthly bar chart created for Electric Companies, 20
monthly chart for S&P sector Beverages, 20
M pattern, 126
pattern for moving averages, 272
pivot levels, 14
pivot low, 126
price data, 90
relative to moving average, 123
RSI, 6
Stochastics, 120
support zone, 17
three lows and RSI indicator, 345
trapped, 15
warning, 19
weekly chart for Caterpillar, 19
Oscillators choosing and adjusting setup period, 59–78
add Stochastics study to chart, 65, 65f
comparison between 88-minute and 60-minute bar chart, 70, 71f
December 2011 T-Bond futures, 69, 69f
11-period RSI calculated from September S&P 500 futures market, 72, 72f
need two MACD studies as illustrated, 76, 76f
Omega TradeStation software optimize period, 66, 66f
RSI plotted with multiple periods, 78, 78f
Stochastics study using 36 period for %D, 67, 67f
two-minute chart of September S&P on June 12, 1998, 60, 60f
Period
finding right to use, 63
weekly Du Pont stock, 24
Pich, Peter, 221
Pig-iron market panics 1800–1991, 42f
Pivot levels, 269
oscillator, 14
Pivot low, 126
Pivot points, 137
Planetary lines (Gann), 230
Point-and-Figure charts, 61, 264, 325
Positive and negative reversals, 187
estimate price projections, 187
RSI patterns, 196
Prechter, Robert, 254, 274, 304, 370
Precision ratio compass (PRC), 16
Presbyterian Church in America 1826–1948 growth, 52f
Previous fourth wave, 268
Price and Oscillator windows, 100
Price data and three-wave interpretation, 322
Price meltdown, 382
Price objectives
conventions of bullish and bearish divergences, 186, 186f, 187
daily market report, 205f, 206f, 207f, 208f
derived from positive and negative reversals in RSI, 185–208
method of calculating, 143
monthly chart of S&P 500 Index, 198, 198f
monthly Gold chart captured on August 2, 2011, 201, 202f, 203–204
negative reversal, 190, 191, 191f
negative reversal signals, 191, 192
positive reversal signal, 189, 190f, 200, 201f
segment of weekly S&P market developed, 200, 201f
weekly chart of S&P 500 futures market, 197, 197f
Price pivots, 319
Price projections
displays data and RSI in Excel chart, 178, 178f
displays window that opens after last step, 173, 173f, 174
Excel, 175–180
extreme environments, 183
Fibonacci projections for higher probability targets, 150, 151f
positive and negative reversals, 187
reverse-engineer indicator to project market move, 179, 180, 180f
reverse-engineering indicators, 167
saving file immediately as Excel file, 176, 177f
Stochastics, 331
TradeStation chart of daily Yen/$ with RSI, 171–174, 171f
weekly Yen/$ chart displayed, 181, 181f
Price spike calculating, 333
Price swing proportions, 137
Price target zones, 57
Principles of depth perspective applied to two-dimensional charting, 403–428
Project Fibonacci expansions, 164
Projecting Fibonacci swings, 307
Projection for 2012 year ahead forecast, 243, 244f
Proportional divider, 16
Proportional ratios, 216
Quadrivium, 216
Quote vendors, 193
Range spread of 364, 230
Real estate activity
economic downturn, 43
USA 1795–1939, 42f
Real-time charts
conditions and moving averages on oscillators, 117
DJIA, 261
DJIA in 15-minute chart, 297, 298f, 299
extending pattern, 315
Gann time projections and five-wave pattern, 268
scenario, 260
signals from moving averages, 107–131
using oscillators with Elliott wave principle, 297, 297f, 298
Relative Strength Index (RSI)
above bear market resistance line, 18
adjusting traditional Fibonacci projections for higher probability targets, 145, 145f
amplitude, 311
bearish divergence pattern, 14
bull and bear market, 8
bullish signal, 124
bull market, 7
and Composite Index divergence between, 294
daily bar chart of Yen futures, 6, 7f
Derivative Oscillator, 371
divergence warning, 4
Double Threes and Triple Threes, 345–346
estimate price projections, 187
form M pattern, 15
frame, 371
identifying trends, 146
indicating correction in bull market, 129
indicator pattern, 196
interpreting, 94
near extreme high or low, 361
negative reversal signal, 310
oscillations do not travel between 0 and 100, 6, 7f
oscillator, 6
oscillator character, 68
oscillator decline, 12
pivot lows, 199
scale used, 91
standard default period, 6
and Stochastics, 68
target, 191
three oscillator lows, 345
trend line extends, 315
Trend oscillator coincides with wave 2 up, 320
two Moving Averages in TradeStation, 432
upper band, 362
Resistance zone and Composite Index, 380
Retinal disparity, 417
Reversal signals, 187, 195, 278
indicator to project market move, 179, 180, 180f
methods, 330
Rhythmic fluctuations cycle, 28
Rhythmic undulations cycle, 29
Rising diagonal triangle pattern, 338
Rising wedge (Diagonal triangle), 336
Risk management, 103
Risk-to-reward ratio, 258
Second wave down, 12
Sell signals when Composite Index and RSI diverge, 256, 256f, 268
Services, 437
Shanghai Composite
Commodity Systems Inc. (CSI), 393
Templeton Dragon Fund, Fidelity China Region, and Templeton China World, 390
with time analysis study, 58f
Short-horizon
building blocks for bigger picture, 284
choppy wave b, 311
global financial complex, 125
shows DJIA on August 5, 1998, 313, 314
time, 259
Short intraday charts, 390
Signals from moving averages are frequently absent in real-time charts, 107–131
daily chart for London’s Gilt Bond futures market, 127, 127f, 128
signals discussed for RSI, 122–123, 122f
weekly German Deutsche Mark per US Dollar charted, 117, 118f, 119
Simple moving averages, 112
Size constancy, 417
Slater, Tim, 370
Small triangle, 336
S&P 500 Index, 70, 71f, 72, 263, 263f
formulas, 245–246
futures, 86, 87, 87f, 337, 338, 338f
futures market, 261
88-minute bar chart, 70–72, 148, 148f, 149
monthly and weekly time horizons, 377–379, 378f
three-minute bar chart, 109, 109f, 110f, 111–113
weekly and daily chart, 387–390, 389f
Springboard diver analogy (Expanded Flat), 296
S&P Sectors (19) contribute underlying weighted value, 347, 348f
Square of Nine
Squaring price, 226
Standard default period, 6
STARC Bands, 359
weekly chart for German Government Bond futures, 360, 361
Stochastics, 330
above both moving averages, 121
add two moving averages, 431–434
applied to two-dimensional charting, 407, 408, 408f, 419, 423f
averages plotted under price data, 419, 423f
choosing and adjusting period setup for oscillators, 65, 65f
Fibonacci grids, 333
MACD, 109
moving averages crossing over one another, 119
oscillator, 68
oscillator lows, 120
pop correctly warned market weakness, 333, 334f
price projection, 331
principles of depth perspective, 407, 408, 408f, 419, 419f, 421, 421f
signal, 331–332, 407, 408, 408f
within trending market, 330
trending market in time horizon, 331
using oscillators with Elliott wave principle, 333, 334f
Stochastics Default Club, 61, 62, 324
Stock pivot, 241
Stoller, Manning, 358, 360, 370, 371, 376
Stoller True Average Range Convergence Bands, 359–361
Support trending line, 85
Symmetrical fixed-period cycle, 34
Tarassov, Sergey, 219
Target zone, 286
Templeton China World, 390, 391f
Templeton Dragon Fund, 390, 391f
Termination pattern (Diagonal Triangle), 345
Theory of bigger picture, 53. See also Bigger picture
Third-of-third wave, 274
Third vanishing point, 409
market coiling, 277
Three-point perspective, 406, 410, 411f
Three-wave
advance Zigzag pattern, 314
corrective move, 62
decline using oscillators with Elliott wave principle, 305, 306f, 307–308, 336
interpretation price data, 322
swing, 340
Zigzag pattern, 305, 307–308, 331
Thrust out of triangle, 338
Thumbnail method and Bond chart, 356
Ticker and Investment Digest, 212
Time cycles, 224
examples of Gann’s analysis, 219–227
Time horizon, 270
Time-sequenced event, 260
Timing signal
daily chart, 89
market trend, 86
Tracking patterns
daily S&P 500 futures, 343, 344
five-wave pattern, 343
TradeStation
chart of daily Yen/$ with RSI, 171–174, 171f
formula used on prices, 359
indicator requires two functions to create formula, 377
projections by reverse-engineering indicators, 171–174, 171f, 178, 179f
useful formulas, 431–434
Trading cycles. See also Dominant trading cycles are not time symmetrical
ahead of market’s structure, 321
Treasury Bond
monthly, daily and 240-minute time horizons, 387, 388f
Treasury Note 10 year market band formula applied, 366–367, 367f
Trending market
Stochastics, 331
time horizon, 332
Trend lines, 82. See also Dominant trend lines not always from extreme price highs or lows
change, 11
Composite Index, 131
identifying and using RSI range rules, 147
intersection of two, 88, 89, 89f
length of longest bar, 379
marks reason prices have stalled at current levels, 99, 99f, 100
RSI negative reversal signal, 315
signals from moving averages are frequently absent in real-time charts, 127–128, 128f
tested by market, 87
using RSI indicator, 13
weekly DMK/$ chart covers five-year interval, 13
converging trend lines, 339
five swings develop within, 338
interpretation fourth wave, 340
wave x position, 324
Truncated, 344
Truth of Stock Tape (Gann), 57
Tullis, Eli, 374
Tunnel Through the Air (Gann), 58
Two-point perspective, 406
Two-week chart of corn prices, 225, 225f
240-minute December 2–11 Composite Index, 383, 385f
240-minute intraday view of Gold futures, 143, 143f, 145, 145f, 149
Using oscillators with Elliott Wave Principle, 247–253, 305f
actual bullish diagonal triangle pattern, 341, 342
add oscillator to corrective Flat patterns, 293, 294f, 294, 296
Aerodynamic Investments Inc., 249f
Composite Index challenged horizontal trend line, 316, 316f
contracting triangle in short-horizon DMK/$ chart, 336, 336f
corrective waves, 287–346
daily S&P 500 futures, 343, 343f, 344
decline from high, rotated segment of data 180 degrees, 278, 279, 279f, 299
decline relative to completed five-wave rally, 285, 285f
DJIA market action for August 7, 1998, 323, 325f, 336
DJIA produced minor advance, 299, 300f
DJIA quarterly, 358f
extending five-wave decline, 299, 300f
family of corrective patterns Flats, 292, 292f, 293, 294
five-wave pattern, 270, 271f, 342–344, 343f
five-wave pattern labeled, 273f, 274, 275–280, 299–300
five-wave pattern subdivided, 271f, 272–273
five-wave rally fits into bigger picture, 283f, 284
four graphic puzzles, 288, 289f
impulsive waves, 260–287
indicated coiling pattern, 243–244, 245, 245f
long-term analysis, 346–354
markets with compressed x axis, 266, 266f
240-minute chart for September S&P futures, 328, 329f
objections and misunderstandings, 247–250
projection for 2012 year ahead forecast, 243, 244f
real-time tracking of DIJA in 15-minute chart, 297, 298, 298f
sell signals when Composite Index and RSI diverge, 256, 256f, 268
shows DIJA on August 5, 1998, 313, 313f, 314
19 S&P Sectors contribute underlying weighted value, 347, 348f
Stochastics pop correctly warned market weakness, 334, 334f
three-wave decline, 306, 306f, 307–308, 337
US market in serious trouble, 308–309, 310f
wave interpretations, 349, 350f–351f
weekly Gold chart and 60-minute data, 304, 305f
weekly NASDAQ chart, 267, 267f, 269, 294
Zigzag and Double Zigzags, 303, 303f
converging line, 409
Vertical cross-sections, 240
Vertical lines and histograms, 411
Vertical timeline, 34
Vibrating strings, 218
Visual angle, 416–423
Visual problem fix, 421–422, 426f
Volatility band formulas, 362
Volatility bands on oscillators, 357–367
formula creates band displacement, 362f, 363
strong signal double bottom RSI formed, 364, 365f
weekly chart for German Government Bond futures, 360–364, 361f
10-Year Treasury Note market band formula applied, 366–367, 367f
Volatility bands with indicators, 359
Volatility changes, 3
Wars, 53
financial collapse, 50
political instability, 50
Wave 1, 3 and 5
impulsive waves, 265
up coincides with RSI Trend oscillator, 320
buy signal, 276
down, 281
Wave 4, 265, 268, 270, 277, 281
up, 280
Wave 5, 275
price projection purposes, 280
Wave a
Expanded Flat, 297
Waves a-b-c-d-e, 337
Wave 2 and 4
corrective phases of five-wave cycle, 265
Wave b
choppy price pattern, 303
producing buy signals, 297
short-horizon, 311
Wave deaf, 250
Wave handicapped, 252
Wave interpretations
construct, 255
using oscillators with Elliott wave principle, 349, 350–351f, 351–352f
Wave Principle. See also Elliott Wave Principle (EWP)
technical indicators one uses, 255
three rules, 264
Wave structure
subdivide, 274
within wave 3 down, 281
Wave v of 5, 280
triangle, 324
W bottom, 62
Weekly chart
Cash S&P 500 time horizons, 377–379, 378f
Cash S&P 500 with Composite Index, 387–390, 389f
DMK/$ chart covers five-year time interval, 13
Dow Jones Industrial Average, 9, 9f
Fibonacci projections for higher probability targets, 137–138, 138f, 139, 141f, 163, 162f
five-wave advance, 262
five-wave pattern, 299
German Deutsche Mark per US Dollar charted, 117, 118f, 119
German Government Bond futures, 360–364, 361f
Gold futures market, 155, 155f, 157, 299, 300f
oscillations do not travel between 0 and 100, 13f
price objectives derived from reversals in RSI, 197, 197f
RSI, 9
S&P 500 futures market, 197, 197f
S&P market developed positive reversal signal, 200, 201f
stock Novell financial markets, 21, 22f
T-Bond futures market, 138, 138f
volatility bands on oscillators, 360–364, 361f
Yen/$ chart displayed, 181, 181f
Wheat charts, 213, 213f, 214f, 220f, 215, 224f
Wilder, Welles, Jr., 360
Wilder 14-period RSI, 201
W pattern, 364
Wyckoff, Richard D., 212
XYZ Trend, 422
Yen/$ applying oscillators, 73–74, 74f
Yen futures market but over weekly time horizon
bull market, 7
oscillations do not travel between 0 and 100, 7, 8f
Composite Index challenged horizontal trend, 316
correction, 326
corrective pattern, 316
DIJA market action for August 7, 1998, 323
internals, 303
rally, 337
three-wave advance, 314