DislikedWhy is that ironic? They may use fib levels, but the theory as you know contains a lot of "wave numbers" and other nonsense that is practically irrelevant to the market. Everybody can count "waves" in different ways - that's why despite the fame of the theory it never became self-fulfilling like fibs. Only the simplest you-cant-get-me-wrong things like support/resistance and fibs on clear price action can ever be self fulfilling for that reason.
I too love Dave's analysis here, especially as he uses charts to illustrate incentives and very few analysts do that convincingly. A lot better than compiling news scenarios don't you thinkIgnored