Never Purchased A NEoWave Service Before?

Buy a Trial Subscription and get ALL NEoWave Trading and Forecasting services for 2 weeks for only $59.

This will instantly give you access to the SEARCH function for our extensive Questions & Answers Library.

Question of the Week: 8/1/2005

Can wave-2 ever be a Triangle?

Answer:

Except for the initial "thrust" out of a Contracting Triangle, in general Triangles do not transfer much strength to the post-Triangular pattern. Therefore, if wave-2 is part of a standard, Trending Impulse pattern, it will NEVER occur as a Triangle. But, if part of a Terminal Impulse pattern, there is an ouside chance wave-2 might form a Triangle, even though I do not remember ever seeing one. Finally, for reasons mentioned at the start of this paragraph, if wave-2 ever formed a Triangle within a Terminal Impulse, the odds are very high that Terminal would contain a 1st wave extension.

Click here to view NEoWave's Question Of The Week archive

Need a Private Consultation?

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.

REQUEST A CONSULTATION

NEOWAVE LIBRARY QUESTIONS & ANSWERS

Never Purchased A NEoWave Service Before?

Can wave-2 ever be a Triangle?

Answer:

Need a Private Consultation?

NEOWAVE LIBRARY
QUESTIONS & ANSWERS