Ewj: elliott wave

That's why i don't use EW standalone... because it could be a motive wave indeed.
The other indicators tell me that it's almost time for a correction/sideway move.
If it goes sideways or retraces lets say 38.2% of the March up-trend and the indicators start showing some strength again then im definitly relabeling to motive.

Have you got some links that we could learn from? I'm allways interested in alternative counts and theories

 

of course, i have
give me your mail 'cause some of them are not free services, and i don't want any claims...

of couse extended to all that desire to see this studies of italian web-sites, reporting on elliott wave ..one of them needs only registration...but DELAYED studies, sufficient 4 our purpose
others fees

but do you understand italian language?

 

Fifth wave near measured move :eek: .
Time to be cautious again .
Beware of the red lines .

 

Updated VIX weekly. Lookout for the support at 22.19.

If it holds and bounces up, then a first checkpoint would be around ~24.50

Edit:
Hey Mu, looks like my potential VIX spike is in sync with your anticipated SPX drop.....

 

Not too bad.... We got our pop in the VIX and the drop in the SPX as anticipated!

Now to figure out if the "mess" pattern is a correction or a downward impulse.....

 

Yes ed .
mu.

The Market crossed the red line and fell as expected .
Five waves DOWN, three waves UP, there may be another five waves DOWN ,
before a bigger five waves UP to new high .

Note: Beware of the second red line.

 

No five waves down, but there is new high as expected .
The final fifth wave may end around 1110 .

 

Up some more?

ESZ9 30min

Lookout for the FED minutes at 1400

 

"W" pattern => EUR/USD UP to 1.59 - 1.68
r-sHs pattern => Crude Oil UP to $96
Gold UP to $1170

 

Ok.... Got my few points profit in the ES....

Let's see how Mr Market reacts to the FED....