Quants – Impulse Wave and Corrective Wave

This topic has 3 replies, 3 voices, and was last updated Apr-177:55 pm by Snippy.

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- Snippy
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  - CFA Level 2
  21 Apr 2017 at 5:25 pm
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  Just noticed that Schweser has nothing to say about this in their LOS of Elliot Wave Theory.
  
  Luckily, i found it in my Elan 11th Hour guide.
  
  Hmph. Just sayin’.
- lulu123
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  21 Apr 2017 at 6:45 pm
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  maybe schweser considered that not important? :O
- vincentt
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  - CFA Level 3
  21 Apr 2017 at 7:00 pm
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  only if you are really keen on elliot wave theory and the usage of fibonacci numbers :-B
  
  http://en.wikipedia.org/wiki/Elliott_wave_principle
- Snippy
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  - CFA Level 2
  21 Apr 2017 at 7:55 pm
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  Thanks for that link @vincentt. I noticed this when Schweser’s practice exam asked me a question related to impulse wave, and in the answer explanation it said LOS 12g. When i looked for it, couldn’t find it at all. Then i checked Elan and it had these two terms mentioned. Quite surprising.
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