[coyotte]

will try and up load chart.(posted on another forum over the weekend)
it is from last Friday 29/6 and since then the Triangle has continued to form .
The Gap between the low & high under McLaren is quite Bullish -- but the bit about McLaren I question is about 3 lower highs being very bearish as in EW theory this can this not simply be a 5 wave correction ?

[BlowFish]

Dunno - I thought ABCD corrections where the 'norm' with B & D being the two lows. Actually I found Elliot's stuff fundamentally flawed having said that if you re-write the whole lot with 'move correction move' as the smallest building block (123) it makes much more sense. A standard elliot 12345 then becomes two 123's in the same direction one after the other. Doing this makes everything far more 'fractal' and symetric in nature.

The Mclaren stuff still looks intresting but I am a sucker for price action and market strucure type aproaches. Cant help feeling its all been covered by Gann & Dunnigan et. al. Of course this dosen't diminish the value and should be taken as praise rather than critiscm.