I am using the Chart of the DJIA from the 1982-1987 bull market as a road map. This kind of analysis is what separates Elliott Wave Theory from other Technical Analysis methodology's  

    Wave 3

    Posted by Denis on 20th of Mar 2017 at 08:14 am

    Nice display.   Did you check to see if Wave 3 is not the shortest wave compared to wave 1 and wave 5?  Eyeballing it it looks like the 3rd is the shortest.  

    I'm taking about the waves in the 1st leg up and not the one you have handwritten as 1,2,3.

    Cheers, Denis.

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