Page 14 - Futures Money Machine-Study Session #5
P. 14
Beyond The Basics
Elliott Wave & Futures…
• Like other markets the futures markets represent market collective
trader’s mood swings from pessimism to optimism. Elliott wave price
patterns represent these mood swings in visual price patterns.
• Trends move in five (5) Wave sequences made up of impulsive and
corrective wave within the trend.
• We see these wave sequences on futures charts as well.
• Elliott Wave is the roadmap of the markets giving us target zones for
trend tops and bottoms.
