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 the London Stock Exchange 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 the London Stock Exchange, with no price or liquidity filter. LSE prices are quoted in pence, and the list skips thinly traded shares.
