Is 17 the magic number??? Attached is a 30 minute YM e-mini chart of the trading from 6:30am - 1:00pm PT(no overnight). The number of trading periods from the low near the # symbol in the bottom left to IV is 17. From the high at III to the high at 3 is 17 periods. From the high at 3 to the C/4 low is 17 periods. From the high labeled B we have 13 periods... if we are making a new high and completing a fifth wave near 8:30am - 9:00am(PT) it may be the ideal time frame for the completion of our fith wave. Robert
There we go... Got the e or part of a C wave back down http://www.elitetrader.com/vb/attachment.php?s=&postid=2518668 http://www.elitetrader.com/vb/attachment.php?s=&postid=2518693 964 area (1:1) is the limit if that busts then things are morphing into a larger degree....
Looks like PTEN's also moving in the right direction 13.85 is the Alt, then 13.36 is the next eyeball
EUR's busted that (w) wave swing low of 1.4119 we were after.... Its soon going to mess EWI counts up if it goes through that 1.4074... 60min EUR #F
If it can not clear that 975-776 area its morphing into a larger corrective pattern.... Comes lead if 964 lets go 240min ES