Unified Global Charting: II
This is the evolution of a charting concept based on time, pivots and price
We are looking at the 20+ year treasury bond ETF TLT as i think this is a vital chart for the coming decade
Here i have added in a 'mother' pitchfork off the three marked major pivots
I plan to add some analysis below
G.R.I Dec '21
We are looking at the 20+ year treasury bond ETF TLT as i think this is a vital chart for the coming decade
Here i have added in a 'mother' pitchfork off the three marked major pivots
I plan to add some analysis below
G.R.I Dec '21
Comment:
We see the first move on the macro chart was an ABCD
Comment:
This move could be conceptualised as back to back ABCDs
Comment:
we could also consider a XABCD pattern as shown
Comment:
I am not a believer in Elliott wave theory but i do believe (as did Dr. Alan Andrews) that 5/3 pivot moves are key
Comment:
An Andrews Pitchfork off the 0-3/4 pivots in our log chart captures this whole move beautifully
Comment:
This also fits well with the three drive principle
