NEoWave Institute NEo Wave... Beyond Elliott Wave
home company products faqs question of the week testimonials contact us shopping cart
Username/Email Address Password
Forgot Password?
Log in to download updates, change personal info, turn auto-renew on/off, etc.

Question Of The Week - Library Of Past Questions

View More Archived Questions
5/2/2007
Question:
In MEW you say the thurst out of a Running, Contracting Triangle can be up to 261.8% of the largest leg of the Triangle. Is this a strict rule or just a guideline?
Answer:
This question was sent in by Ahmad Pesnani (location unknown); it addresses on of the few sections of MEW that I feel needs revision.

It has been nearly 20 years since I wrote MEW. The additional years of experience since indicate a 261.8% thrust can ONLY occur after a non-Limiting Triangle, not a b-wave or 4th wave Triangle. You should limit thrusts out of b-wave and 4th wave Triangles to a maximum near 161.8% of the largest wave of the Triangle.

The above statements should be considered important "must follow" rules, not just guidelines.