 
Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
Disclaimer
Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Tuesday, 21 May 2013
Hull Moving Averages
Hull Moving Averages provide useful information over an above the Attenuated versions I use for cycle mapping. The latter provide uniform, tidy, wave whilst the Hull versions tend to get a bit 'whippy'. However, corrective EW counts are easily seen within the wave structure and 5th waves are pretty darn easy to see at the end. Whereas waves 2 & 4 (or b waves) tend to turn over like a crocodile roll on themselves but subsequently are not quite able to hold a retracement in the direction of the trend within the corrective sub-wave itself, the 5th wave just shrink wraps its component averages into one - all in, so to speak. Here is the Dow Industrial's 25 Day MyWave using Hull MA's and the 3-part FLD below. Perhaps compare the earlier chart for reference. Still the same outcome for me; FLD will be the initial target below. 
 
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