May 30, 2018
MarketMap 2018 update
Advanced Rule of Alternation
My work advances the EWT Rule of alternation and builds on the way Robert Farrell understands the unexpected nature of the market. An understanding that made him the top-ranked institutional market analyst on Wall Street for 16 years.
While Bob never spelled it out, he uses natural calendar demarcations to anticipate change to something different. If the first half of the year was characterized by a narrow range, he would expect something different in the second half of the year.
In EWT the rule considers the nature of the alternating corrective waves if the first correction is simple the second one is expected to be complex and vice versa.
This simple notion breaks the linear mindset, a trap for traders and advisors alike.