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Re: Momentum vs Non-Momentum
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seeinG your momentum, non-momentum study. it is correspons to impulse elliott waves and correction elliott waves.
impulse waves = momentum
correction waves = non-momentum.
a propper counting of elliott waves it's another wave to identify momentum and non-momentum
the advantage of elliott is that seeing a big scale of time you can see a bigger picture of whats going on
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yes Malvado, wave counts on a bigger time frame can perfectly be a way of measuring momentum... would be interesting to determine statistically how many times (mostly) the 3rd wave performs outside keltner.... cheers Walter.
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