SIDEBAR: ELLIOTT WAVE PROPORTIONS
ARTICLE SYNOPSIS...SIDEBAR: ELLIOTT WAVE PROPORTIONS
According to Elliott wave theory, the first, third and fifth waves are proportional by the 1 to 1.618 to 1 ratio, known as the Fibonacci ratio. Figure 1 illustrates the basic five-wave sequence of the Elliott wave, and
AUTHOR: Technical Analysis, Inc.DATE: NOV 1990