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1/3/2023

Regarding contracting and neutral triangles, is there a time limit for post-pattern "thrust"?

After a b-wave or 4th-wave, limiting Triangle (whether the Triangle is contracting, expanding or neutral), the "thrust" phase for wave-c or wave-5 will be between about 20% to 40%

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9/27/2022

Can wave-B (in a Triangle) be the longest in price? If so, what Triangle variation is forming?

Yes, wave-B can be longer in price than wave-A in nearly all Triangles. When that occurs, it tells you the post-Triangle "thrust" will be larger than normal. Addressing the sec

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9/6/2022

In TRIANGLES, please explain the difference between Standard Alternation and Reverse Alternation.

In a "standard" contracting Triangle, wave-B will be larger in price and time than wave-D. In a "standard" expanding Triangle, wave-B will be smaller in price and time than wave-D

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7/5/2022

Does wave-C of a Triangle always take more time than A-wave OR can it sometimes take less time than A-wave?

The answer depends on what kind of Triangle is forming. If a contracting or expanding Triangle is forming, wave-A will always take less time than wave-C. If a neutral Triangle is f

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12/5/2017

In expanding Triangles, is it necessary for wave-d to "overlap" wave-b?

In all Triangles (expanding, contracting or neutral), it is essential that a portion of the price range of wave-d "overlap" a portion of the vertical price coverage of wave-b. It i

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4/14/2015

In a contracting triangle, can the e-leg be larger in price than the d-leg?

The rules that make up a contracting Triangle are as follows... 1. Wave-a must be the longest in price of waves-a, c & e 2. Wave-e must be the shortest in price of waves-a, c &

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12/2/2014

It was my belief that no leg of a Triangle, except for wave-e, could itself be a Triangle. Am I correct?

In 1990, when I released Mastering Elliott Wave (MEW), that was also my assumption. The statements in MEW were derived from 7 years of personal experience trading, forecasting mark

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6/25/2014

If wave-5 subdivides (inside of a Terminal impulse), can part of it break the 2-4 baseline?

Yes, if two conditions are met. Let's assume the Terminal is trending upward. If you see part of wave-5 break the 2-4 baseline, make sure these two rules are followed: 1. After

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12/12/2012

In an expanding triangle, must the time of wave-c be longer than the time of wave-a?

This may be the shortest response ever given on this service...the answer is YES. For whatever reason, the first leg of any contracting or expanding Triangle must be the most viole

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7/8/2011

How do we interpret opening gaps and do they hide structure (like missing waves)?

Yes, gaps can hide structure, but they can also provide a great deal of information about what might be going on. In most cases, a gap-opening occurs under one of the two, followin

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3/10/2010

You no longer use the term extracting triangle...why not?

In the early 1990's, soon after the release of Mastering Elliott Wave, a host of new patterns began to emerge (Diametrics, Symmetricals, 3rd Extension Terminals, and oddly shaped T

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2/17/2010

In Chapter 8 of Mastering Elliott Wave you show many complex formations ending with contracting triangles. Is that how they should always end?

In the 80's, when I was collecting material for Mastering Elliott Wave, that is the way complex double and triple combination patterns behaved in nearly all markets. As the 90's ro

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10/21/2009

Based on Mastering Elliott Wave, it is my understanding that only wave-E of a Triangle can be a Triangle itself. Your book was written 20 years ago, is that statement still true today?

Mastering Elliott Wave (MEW) was released in 1990, a few years before I witnessed my first Neutral Triangle. Neutral Triangles are a NEoWave discovery and are patterns in which wav

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1/28/2009

If you are sure a contracting triangle formed, how can you be sure of the direction of the "thrust"?

Determining the direction a market will "thrust" after a contracting Triangle is pretty easy. First, wave-A in such a pattern will always be the largest and most violent wave. Next

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11/5/2008

Since Triangles occur frequently, but are often misinterpreted, what clues exist (early on) to tell us a Triangle is, or is not, forming?

Whether a Flat, Zigzag, Triangle, Diametric or Symmetrical is forming can only be determined (well in advance) by employing advanced NEoWave observations which focus on the price,

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9/19/2007

You mention in Mastering Elliott Wave, on page 5-25, the concept of touchpoints within a Triangle. How important is this rule and does it always apply?

The NEoWave Rule of Touchpoints is essential to good pattern development. Many times I've seen orthodox Elliott Wave analysts encase contracting (or expanding) price action where e

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5/2/2007

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?

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

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4/11/2007

When a market is forming a significant top, would it be accurate to say that, while Elliott rules will be respected, guildlines with�fall by the wayside?

This question was sent in by Eric Noel, a great customer in Ontario, Canada. It is a very important question that touches on issues I've raised lately in more than one NEoWave Fore

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12/13/2006

How do you differentiate between the end of a Contracting Triangle and an ongoing Diametric or Symmetrical?

This question is the composite of several questions I have received the last few months. The time and price consumption of the waves during the contraction is the key. If wave-c is

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9/27/2006

Is a Diametric formation Corrective or Impulsive? Also, in a rising market, does it indicate the trend will continue or does it indicate the rally is over?

This question was sent in by Rajan Khosla (location unknown). Since my recent customer survey indicated many were confused about my NEoWave formation discoveries (Diametrics and Sy

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