www.adobe.com
11.5 - 2008 Adobe & My Elliott Wave View (Updated 3 Charts & Tables).
Added also some new geometry & fibonacci math approach which I had been working lately, but guidelines and formulas are tightly EW rulez. Just feel sometimes that those basic EW book´s don´t have much anything new to give from math side, so let´s count triangles with fibs as additional part of EW (I am starting be a real triangle fan, need to jump complex zigzag´s for next!). I really like Adobe, it´s my favorite as charing target. I wonder should I start looking another graphical software houses, macromedia perhaps ?
18.3 -2008 Adobe Elliott Wave Update. I didn´t update last chart as one can easily spot my previous falling wedge where last alternate C/5 were placed the stock went there, meaning also stock can rally now (damn, I like this stock).
21.02-2008 Adobe Update. Target line met. Let´s wedge it again as opposite!
15.11-2007. Adobe wave update. Wedge is broken now, in most cases price test lower wedge line from below (this reminds me NTAP recent case) as resistance before heading south again as did Adobe also. (update with one stockchart).
7.11-2007. Adobe StockChart Updates. Time to start consider to make turnaround now from recent blogpost bullish view to bearish one. Bot puts.
Adobe (ADBE)
QQQQ
lQQQQ
9.5-2008 Both charts fixed & re-counted, they are correct now. (if you aloud one little tiny error, I ended up with 88 not 89 - but that´s just cosmetic one....it´s important to have them fit for waves labelling correctly.) Those 2 charts below are exact the same one´s but for polite reasons I posted another one as raw chart if you prefer do you own fib & ew math, do no underestimate those head & shoulders - they have very important role in here to get additional approvement for correct wave labelling. W-X-Y-Z-X is the wave pattern I am hunting in here in the case you´re interested, but didn´t marked it to the charts, if I am right last X is not placed yet and if you want to spot it you can see it also approximately where it´s going to be if it comes, just take that qqqq top at 55, then look back to find left shoulder (yes, very big one) - count the time & price and add it to the right side, dadaa, there it should be says Bart Simpson, that X it´s under development. Still working with these charts to receive upcoming waves correctly placed before they actually do happen.
So far charts looks promising - I passed 93% of EW rulez and guidelines for leading diagonal stress test - a one which failed is very unusual 13 waves unidentified upside impulse (EW has found & recogniced this unrare situation also in book). I am planning to launch a few wave table for myself for cubes - that´s why attatched & make those cute cubes charts to the upstairs, but they actualy describes this situation, we are working 3 triangles with QQQQ at the same time. You can spot 2 of them from my charts + that massive bear wedge - third triangle, the biggest one I haven´t yet published, but it´s real key in here because at the end of day (2010-2012) all of these 3 cubes or triangles are just 1 same triangle and last one is big Ceeee.....
8.5 - 2008 2 new cubes charts added (corrected some earlier small errors again), another one with 2 expanding triangles and another one without based for pure wave counting + added fib retracements also.
Cubes did a-b-c upside movement from bottom as a barrier triangle and that movement is first part of zigzag which is the bigger pattern we will deal now-on.
I´ll work on these charts currently with advanced EW technology and will comment more exact relationship if additional approvements will be found.
QQQQ top occured at 54,5 before plunge and bottom was found at 41,5 >
54,5 - 14,5 = 13
13 x 0,6182 = 8,0368
41,5 + 8,0368 = 49,50 and that´s our longest "C" from first A-B-C pattern.
2.5.-2008 Added "rabit" table + some EW required guidelines necessary to meet expanding triangle.
Following criterias should be met:
In an Expanding Triangle, Wave C must be less than Wave D by price and Wave C must be more than 50% of Wave D by price
In an Expanding Triangle, Wave A must move within the A-C channel or pass through it by no more than 10% of the length of Wave B by price
The channel lines must either converge or diverge. They cannot be parallel.
The maximum time for Wave D is 4 times Wave C
For an Expanding Triangle, Wave E must be a Zigzag based pattern.
In an Expanding Triangle, Wave E must be greater than Wave D by price and Wave D must be greater or equal to 50% of Wave E by price
In an Expanding Triangle, either Wave A or B will be the shortest Wave in the pattern.
Usually at least two Waves travelling in the same direction will relate by about 61.8%
It is common for two or more adjacent Waves will be related by 61.8%
