Cotton Futures

Equity market, Best Trading Strategy

Course: [ Harmonic Elliott Wave : Chapter 7: A Case Study in EURUSD ]

As a second example of a commodity future I have included the (A)(B)(C) rally in cotton from the 1985 low to the 1995 high.

Cotton Futures

As a second example of a commodity future I have included the (A)(B)(C) rally in cotton from the 1985 low to the 1995 high. The results display a slightly larger variance from normal harmonic ratios in some instances, but overall the combination of the ratios across the wave degrees do tend to confirm the harmonic structure.

To support the chart shown in Figure 7.17. Table 7.21 provides the ratios during the rally.

 Figure 7.17 (A)(B)(C) Rally in Cotton Futures

 

Table 7.21 Ratios for (A)(B)(C) Rally in Cotton Futures




Harmonic Elliott Wave : Chapter 7: A Case Study in EURUSD : Tag: Elliott Wave, Forex, Fibonacci : Equity market, Best Trading Strategy - Cotton Futures