Ewj: elliott wave

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

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    [​IMG]
     
    #8601     Dec 4, 2009
  2. Too much risk taking position now.

    Short: There's a flat in wave 4 and current down move is about 50% until end of wave 1...
    Long: Indicators are ready to go up...

    Plan:
    Don't buy before confirmation.
    Don't short. If it's a flag it's safer to re-analyse(and go long) near the end of wave 1.
     
    #8602     Dec 4, 2009
  3. USD UP :) .
    Everythings else DOWN :D .
     
    #8603     Dec 4, 2009
  4. Looks like an expanding triangle Wave 5)3.2 :) .
    Wave 5)5.3 may go UP strongly to 1125 :D.
     
    #8604     Dec 4, 2009
  5. ed

    ed

    Been having problems with my prophet charts......

    So here's one from my backup :)

    I think there's some more room to move up if 1093 holds.... :)

    ESZ9 60min
     
    #8605     Dec 8, 2009
  6. @ ed
    You don't have any problems with the charts at all :D

    Nice one!
     
    #8606     Dec 8, 2009
  7. ed

    ed

    Heh... heh....Thanks MitchWorse :)

    Ho... ho... ho... It's been quite a while since I made more than 10 points in the ES! That's a nice Christmas gift! :)

    Perhaps I should just use this backup charts as my main charts! :D
     
    #8607     Dec 8, 2009
  8. ed

    ed

    Here's one of the VIX Daily.... :)
     
    #8608     Dec 8, 2009
  9. ed

    ed

    Could have counted too fast Mu?

    Looks a little more like a "B" wave to me. But well, does it matter? The next move after it completes is up.... :)

    ESZ9 Daily
     
    #8609     Dec 8, 2009
  10. ed

    ed

    A bigger picture on the daily SPX :)
     
    #8610     Dec 8, 2009