The ATM Elliott Wave study measures a market’s momentum activity. The ATM Elliott Wave study automatically calculates Major, Intermediate, and Minor Elliott Wave counts across all time frames and securities.The ATM Elliott Wave study features a Wave 4 Profit Taking Index anticipate the strength of Wave 5. The ATM Elliott Wave study provides Wave 3 and Wave 5 projections levels and Wave 4 retracement levels. The ATM Elliott Wave study produces Wave 4 Time Channels for support and risk management.