Elliott Wave Suggests 1445 Target

Quote from Landis82:

Ka-Ching.
Great monthly close yesterday.

Initial targets in the SPX are 1445.50 / 1449.65 with the intermediate term target now for a rally toward the 1485.35 levels over the next 3-6 weeks. Wave 5 now in progress.

Good Luck to All!

:)


Why do the targets keep changing all the time, is that how it's supposed to work? The initial "ultimate target" was 1445 (with an alternative count target of 1419.85), and now it's 1485? Can you post a chart with your wave forecast so that I can visualize these 5-3-5 or whatever it is that you are referring to?
 
I have been persuaded to give EW another chance. I was told be a successful EW practioner to buy Robert Miner Dynamic Trading. Any thoughts or opinions EW followers?
 
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