Daily Elliott Wave geometry pattern in EMinis

[smasters]

There is an Elliott Wave geometry pattern that seems to occur every day in the S&P EMini contract. It's an ABCD pattern that occurs when alternate waves of similar degree reach equality. It's called the Elliott Alternate Wave Equality (AWE) pattern and it occurs daily no matter what the wave count. There's a web site devoted to the pattern at www.tic2tic.com where they show its daily occurrence. They have an eSignal study that computes the ABCD pattern points.

Scott