Elliott Wave Analysis Can Help You See Countertrends. Pattern In Focus: The Zigzag.
from Elliott Wave International
This simple, corrective Elliott price pattern helps you anticipate reversals instead of getting run over by them
Often, as traders and investors we start off with an open mind about playing the field, so to speak. We watch the news, listen to friends and colleagues — and we try to apply what’s known as “fundamental” market analysis to make our trading decisions.
Soon, though, we start to realize that the “bullet-proof” logic of “fundamental” analysis is not Kevlar, but a piece of cardboard. We see markets fall after good news; rally after bad; and go sideways, defying both bulls and bears.
That’s when we realize that trading is not as easy as it seems.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202105120534
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