“If a thing does not have the right look, it does not work.” – Leonardo da Vinci, as quoted by Frost&Prechter In my most recent works, particularly in the very long term charts, I find that Mr. Market is exceptionally accurate when it comes to charting the moves within a channel. The longer the term,Continue reading “THE RIGHT LOOK”

Long Term Forecast for Home Depot (HD)

HD produced a fantastically accurate channel, baselined on tops of II and IV. If we assume that wave V of (I) is complete, the minimal target for wave (II) would be 224 (0.236 of all time) and it could be lower. Speaking about a possible shape, a zigzag comes to mind, but it is quiteContinue reading “Long Term Forecast for Home Depot (HD)”

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