Here's a document on the Camarilla Equation we use in all the markets, which is invaluable to any market. It works free of Elliottwave but, EW does verify direction and we you the "cam" lines, as we lovingly call them, (the pivot points or support and resistance points) as our guide to know when to get out.
http://finance.groups.yahoo.com/grou...la%20Equation/
Any questions,
just ask,
Jonathan