SP500 – Little Elliott Wave Compass Track Record
by WaveTrack International| October 24, 2017 | No Comments
How is it possible to forecast the SP500 so precisely?
This SP500 forecast (540 min) has been posted on Twitter (see post 19th October 2017). The chart shows impressively how Fibonacci-price ratios when applied correctly can pinpoint nearly the exact price levels. A method which WaveTrack’s founder Peter Goodburn has proven beyond doubt. R.N. Elliott started to recognise the importance of the Golden Ratio expressed as Fibonacci-price ratios but he died prematurely before he could investigate and develop his knowledge. R.N. Elliott himself therefore never provided clear guidelines how to apply the Golden Ratio.
Fibonacci-Price-Ratio Studies
As a result, Peter Goodburn studied the application of Fibonacci-price-ratios for years and compiled a historical database of examples to check the mathematical probability of these ratios.
SP500 Track Record – Forecast April 2017 and Result Now!
If you have been an EW-Compass client you were able to not just observe the SP500 hitting these exact price targets but taking a good profit too.
Are Fibonacci-Price-Ratio’s working always that precisely? No, there is a clear skill to apply and an absolute vigilance of each Elliott Wave trader to watch if price-ratios are being reached. There is no trade on earth which does not need skill and concentration. However, it is still the most exact forecasting method WaveTrack found in over 30 years of trading experience.
If you are now interested in Fibonacci-Price-Ratios then don’t miss WaveTrack’s free Fib-Price-Ratio tutorials on youtube (see below) – there is more to come.
Learn how to take advantage of WaveTrack’s Fibonacci-Price-Ratios!
Watch WaveTrack’s Fib-Price-Ratio videos on youtube to see how these measurements are applied. WaveTrack’s first Elliott Wave Academy video
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