Ewj: elliott wave

Posted this back on page 83

http://www.elitetrader.com/vb/attachment.php?s=&postid=1654426

We're getting close to that ED wave II target area

 

Ahhhhh YES!!!

 

Mup, can you post an EW count for Crude Oil?

You could probably use the ETF based on West Texas Intermediate Crude on the NYMEX . . . OIL

 

.....according to the diamond on the daily chart.....
... now that ES is below 1492.5
.... the target of the diamond is 1398.75
.... can we begin that next wave 3 from there ?
....thanks

edit... also... do you use Advanced GET ?
i remember when it first came out....
... is it a worthwhile piece of software ?
thanks...

 

I'll take a quick eyeball at CL & QF #F

It feels like we're in an 5th wave which started in at the Jan low (07) on the weekly frame.

Have you got a current count landis ?

 

Not sure on the first bit elovemer can up put a chart up ? a picture paints a 1000 words as they say..

Nope don't use Avd GET, just the mark one eyeball
I have used it though in the past..

Did you catch that NVDA post yesterday ?

 

Quick eyball on weekely CL #F

Just a scribble

 

...sure mup...
... after the ED at the highs.... there were two diamonds.... and a few since....
.... that gave me the idea to spot the bigger diamond....
.... target of diamond is height of diamond sub'd from low point ... es 1398.75
... best short for the diamond was at upper right TL at 1558.75 es

 

We would proably have to step up a degee to do that

So the whole move up from the July 06 low to July 07 high would have to be labled wave i of the ED

 

... i dont understand you meaning...
... step up to do what ?
... to have C finish at 1398.75 ?
... and to begin wave iii there ?
...thanks
... 92.5 has been confirmed ... so my next target is 1398.75 ... and it should get there pretty quickly .....
... i am going by your chart that shows C finishing around 1469 cash
.... so i am just asking... if we finish C at 1398.75 .... can we move up from there on iii ?
thanks again