Ewj: elliott wave

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

  1. s&p future hour

    go get 'm ed!!
     
    #8421     Oct 22, 2009
  2. Yes ammo,
    Wave 1]3) or 2]c might have ended.
    But there is something questionable in the wave structure.
    mu.

    Wave five is treacherous, this time it does not come up at all :eek: .
    The DOWN wave is not Wave 3)3.3:2 below 1080 and 1067.
    Is not Wave 3)4 and 4) below 1020.
    Be aware of the red lines.
     
    #8422     Oct 22, 2009
  3. ed

    ed

    Thanks MitchWorse!

    My conditional orders took the profit for me just now while I stepped away :)

    On the question about stops, I think it has been asked and answered on this thread before. Try a search? :)

    In any case, if you think through the rules and guidelines of EW, then a lot of good locations for stops would surface. :)
     
    #8423     Oct 22, 2009
  4. thx ed... nice trade!

    I was too lazy to search :D
     
    #8424     Oct 22, 2009
  5. ed

    ed

    Could have counted too fast just now.....

    VIX is still climbing strongly..... :)

    ESZ9 60min :)
     
    #8425     Oct 22, 2009
  6. There may be one move wave DOWN .
    Wait and see if 1067 holds or not.
     
    #8426     Oct 22, 2009
  7. ed

    ed

    Glad I took my profits earlier.... :)

    Perhaps this would be a better fit? Could be a range bound day today after yesterday's big move.

    See what you think.... :)

    ESZ9 61min :D
     
    #8427     Oct 22, 2009
  8. ed

    ed

    This "gift" would probably drive both bulls and bears nuts!!! :)

    Last chart for me today..... gotta go! :)

    ESZ9 15min :D
     
    #8428     Oct 22, 2009
  9. When the last Bull turns Bearish, the Market rises :( .
    No more fifth wave :eek: .
    A series of five 3-waves or seven 3-waves :mad: .
    This may be an ending EXPANDING TRIANGLE , but
    Wave 3)3.3:2 count is still valid and Wave 3)3.3:3 might have begun :confused: .
    There may be a measure move UP to 1150 :) .
    Beware of the red line :D .
    Note: Easier count in Utility Chart.
     
    #8429     Oct 23, 2009
  10. Long term chart:
    There is some more room UPwards :) .
    May be UP to 1150 :D .
     
    #8430     Oct 23, 2009