Square of 12

Geometric Thinking Update By Jim Fredrickson The above might be one of the more outrageous forecasts WD Gann made.  that he made such forecasts publicly, and was so often right, amazed people of his age and continues to amaze people more than 100 years later. The obvious question that traders have been trying to figure […]

Pricetime in the 4th dimension

Geometric Thinking Update By Jim Fredrickson Aug 2015 low is important By my count the Nov 2013 high of 1200 began a wave 4 that reached a 175 low in Aug 2015.  28 months later wave 5 peaked at 19900. Wave counts are not the point here in this post, I only mention it to […]

EW lesson I learned (the hard way)

Geometric Thinking Update By Jim Fredrickson These were the 2 bearish 5 wave structures I counted. Elementary Elliott Wave says that impulse waves have a 5 wave structure.  We all know that.  So, when I counted 5 waves down from 9031 on BTC I thought that the top was in.  I was a bit surprised […]

9254 target?

Geometric Thinking Update By Jim Fredrickson SAME DAY UPDATE:  While I was writing this piece, the chart fell just shy of the 78.6 resistance the blog mentions as a potential turn.  It is too soon to tell if that was the end, or not.  But suffice to say, it could be… The picture above, showing […]

Have we been deceived?

Geometric Thinking Update By Jim Fredrickson I posted an update to the last blog, in which I acknowledged that my faith in my wave count had been sorely tested by the rally, which flew in the face of the selling I had forecasted. But at the risk of sounding like a vain old man who […]

Wave 4 ending in a diagonal?

Geometric Thinking Update By Jim Fredrickson Jan 7 Update:  Apparently this forecast was quite mistaken.  The NY traders came to their desks well-rested yesterday and decided to buy, not sell, as I had imagined. There was talk that the impending war, which is almost certainly going to begin soon (and end very badly probably), would […]

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