Wave 3 is usually the longest and strongest wave of an Elliott impulse. Counts that agree with the long-term trend tend to be more reliable, so this screen keeps only wave 3 starts that point in the same direction as a rising 200-day moving average. This screen lists stocks on European exchanges where wave 1 has risen from at least a 64-bar low, wave 2 has pulled back without falling below the start of wave 1, the wave 2 low was set within the last 7 bars and the price has turned up from it, while the price is above a 200-day moving average that is higher than a month ago. The count is invalid if the price falls below the start of wave 1. Because these signals are rare, the list includes all stocks on European exchanges, with no price or liquidity filter. Prices are in euros, and the list covers stocks traded on Xetra, Euronext Paris, Euronext Amsterdam, Euronext Milan and the Madrid Stock Exchange with at least 0.5 million euros in average daily trading value.
