Ewj: elliott wave

Reluctantly open a short "Short position". Set a tight stop at the last high. Set target at yesterday high, cover there if there is a higher high.

 

I would agree with being on the long Bus

I bet Landis is pleased this morning as 1404 held with the time pressure.

Time hits for Monday & Yesterday were 34,55 & 89 Trading days for those who like fibs

This was from page 162

Nicely done..

 

Stop out.

 

Bravo! Landis.

 

Prepart to enter short "Short position" again?

 

Short "Short position" re-entered. Set stop at the last high. If stop out try once more. Set target at 100, 10, 30 or yesterday high. Close short "Short position" when there is a higher high.

 

Wait for S&P to confirm the Dow before stop out.

 

All roads lead to USD stocks.
Sell treasurys + sell oil + sell Yens -> buy USD stocks.

 

Hmm. And here I thought that the Elliot Wave was a nonverbal way of saying goodbye to your money in a losing trade.

 

Open long position. Set stop at the last low.