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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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5/7/2021

In the past, you've mentioned the concept of "Supplemental Price & Time" in your private classes and in your Forecasting updates. Please define that concept along with when and where it is allowed.

Under NEoWave, all patterns have price and time limits imposed on the final leg of a formation (based on the typical price / time "standards" imposed by prior waves - see the Rule

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8/12/2020

Can an X-wave ever be between 61.8% and 100% in PRICE of the preceding standard pattern?

There are 3 standard Wave patterns in orthodox Elliott Wave (Flats, Zigzags and Triangles, which include 3 variations each). The ONLY time an X-wave can be similar in price to the

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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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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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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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5/8/2012

Starting with the high in 2000, you say wave-4 could be forming an expanding Triangle. But, the "thrust" potential of such patterns is limited; therefore, how can the DOW reach your long-term target of 100,000 by the year 2065?

You are correct, the "thrust" out of a 4th-wave expanding Triangle is insufficient to produce a 5th wave extension (which is what my long-term DOW count assumes). As a result, the

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10/19/2011

In Mastering Elliott Wave, you describe one type of confirmation. But, in the NEoWave Trading service you frequently employ a different type of confirmation. Are these two approaches interchangeable?

Traditional pattern confirmation, discussed in Chapter 6 of Mastering Elliott Wave, refers to post-pattern price action immediately after the last leg of the previous pattern. For

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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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6/10/2011

If an expanding Triangle is forming, what is the probability wave-e will terminate above the bottom of wave-c?

First and foremost, to create an expanding Triangle, wave-e MUST be longer than wave-c. Therefore, the ONLY way that wave-e can terminate above the low of wave-c is if wave-d is lo

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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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1/6/2010

In an expanding triangle, is there a maximum time limit for wave-E?

Yes, as with ALL patterns containing more than 3 wave segments, the current (unfinished) wave should not exceed the time of the last three segments added together. If it does, it s

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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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8/17/2009

How do you use or interpret fundamentals and does news move markets?

Contrary to what many Elliott Wave analysts believe, news DOES move markets, some times. Its impact is dependent on the pattern forming and which leg of that pattern is currently u

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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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