Ewj: elliott wave

If the delta is in then we need to go below 998....

But for now the 1:1 will do as a first eyeball....

 

Just hit the .618% retracement in the SPY at 100.77

 

Yep thats the second 61.8% of the day.....

It could get arkward and mess about in some form of Triangle....

 

....for me... that's wave 2 ... down
...after wave 1 up

...if so...wave 3 should exceed wave 1

 

Trend Channel.
Rebound from the red lines is good.
Fall below the red lines is bad.

 

Hey Mup,

Can I trouble you for some analysis on my favorite . . . PTEN?

Nat-Gas is at 3.37 today.
If it gets hammered here and trades down towards $3.00, there could be a sizeable pullback in PTEN.

 

The self proclaimed ONLY real trader on ET, the supposed former Tudor Jones guy, the expert on everything, needs someone else opinion on a trade?

Now THAT is funny.

 

heh heh heh.

 

A 350,000 share short just got stopped out on new highs in BTU at 3:35PM

Unreal.

 

Another SQUEEZE.
Shocker!