ARTICLE SYNOPSIS...SIDEBAR: What about lags? What about the lags introduced by triangular moving averages? An example is the best way to study them. The index in Article Figure 2 is a sine curve with a period of 40 observations and an amplitude of 10.
ARTICLE SYNOPSIS...When the technology sector crashed in 2000, the NASDAQ index crashed heavily along with it. But in the recovery phase, the Elliott wave B-wave , the index rose only as far as the 38.2% Fibonacci correction.