Ewj: elliott wave

Discussion in 'Technical Analysis' started by mu200411, Aug 13, 2007.

  1. Mup, what do you think the short-term peak at 2:26PM Eastern may have been in this Diagonal?
     
    #7741     Aug 3, 2009
  2. From 950+ down to 865#... was a large Wave A and we are still in a huge Wave B... seen by low volume rally...

    If this is not correct then where is the matching B Wave that should have come off the 865 bottom of Wave A...

    thanks.. color me confused... :confused:
     
    #7742     Aug 3, 2009
  3. Mup

    Mup

    60 min ES :)

    Still would like that 1006 area.....
     
    #7743     Aug 3, 2009
  4. Mup

    Mup

    Hi EdgeHunter,

    Its possable , you could get a running triangle b wave .... These often go between 150% -161.% ext of A
     
    #7744     Aug 3, 2009
  5. Mup, like you, I cant wait to hear CNBC proclaim that "we are in a new bull market".... when I hear that I will immediatly look to get short.

    As always, your analysis and especially your alternate counts are appreciated.

    Robert
     
    #7745     Aug 3, 2009
  6. Mup

    Mup

    A few Corrective options..

    First is the reverse symmetrical triangle

    Daily SPX
     
    #7746     Aug 3, 2009
  7. Mup

    Mup

    Next..
     
    #7747     Aug 3, 2009
  8. Mup

    Mup

    EdgeHunter option.....
     
    #7748     Aug 3, 2009
  9. Mup

    Mup

    It just an eyeball one.... Miss those data mining bots at times :D

    See if we get the down ward pressure into that 25-26 bar for the iv....
     
    #7749     Aug 3, 2009
  10. Elliott Wave International has now raised the possibility that the very strong impulsive move with very low retracements at all degrees... may not be an (A) of the third zig-zag, but the ENTIRE (C) in a five wave impulse!

    Does anyone see this alternate at all?
    :eek:
     
    #7750     Aug 3, 2009