First, if the 5th wave of an impulsion is Terminal, will it take more time or less time than the previous 4th-wave?
Second, do the normal time rules of an impulsion (such as wave-2 taking more time than wave-1 OR wave-4 taking more time than wave 3) apply in Terminals?
1 - A Terminal pattern (in the 5th-wave position) can take more time OR less time than the previous 4th-wave.
2 - Time relationships inside Terminals DO NOT have to follow the same criteria as standard impulsions. In a Terminal, wave-2 is allowed to take less time than wave-1 and wave-4 is allowed to take less time than wave-3. In addition, a phenomenon I call "extreme alternation" might be present between waves-2 & 4 where they take very different amounts of time or price than is allowed in standard implusions. Finally, when a Terminal is forming, part of the price range of wave-4 must overlap part of the price range of wave-2.
At specific times each week, Glenn Neely is available to answer questions, provide guidance, and offer individualized advice. This is an opportunity to speak directly with Mr. Neely to address your unique situation, advance your understanding of markets, and hone your trading and forecasting skills.
Cost is $20/minute, with a 10-minute minimum ($200 minimum charge). Your credit card will be charged after the call.
To schedule a consultation, please click on the "Request a Consultation" button below and fill out the Contact form. Our Sales Manager, Magelan Ferreira, will respond to your request to arrange a consult with Mr. Neely.