Mup, your call for 966.00 in the ES this morning was right on. The low in the e-mini ES was 966.00 which should have completed wave 4 of 5. If you see things differently, please share your thoughts. New chart attached...
To quick on the sharper pull back... Teased us with the slight bust of the ALt.... There's a pesky delta point due, hence my slight bear bias... The best the bears can hope for is this a b wave back up as part of a larger 4 in Roberts chart...
May be the triangle is a cleaner count... ? Not in the office so its mark one eyeball on the counts 60min ES scribble
Another push up in the making... this time from 97.57 SPY up to 98.14 with ten minutes left in the session, Mup!
Mup, PTEN's earnings come out on the 30th and the stock looks to be in a most interesting area, including a rather daunting stochastic pattern and a MACD divergence. Care to comment on the chart? Thanks!
This is the bear option from the otherday, which gives the 5 wave move up off july low the c wave..... I'll try and eyeball the delta fib time pressure to see if it matches up... http://www.elitetrader.com/vb/attachment.php?s=&postid=2513930
Timing gives hints at a High point .. 27th gets a lot of Fibs which would make a good closing high... Carn't rule out one last spike as part of an ED 5th before reversing for a close below the 27th level. Just an eyeball as I've haven't done a full 10 deviation H/L count..... :eek: Daily PTEN