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Didn't see any of you folks at the pub! So here's where you guys are still holed up..... :D Here's what I see after a couple of warsteiners... hic! :D SPX 60min

For the VIX watchers..... :) Choose your own adventure! My weekend has started..... :D :D VIX 120min

After spending the past hour thinking through possibilities and reviewing charts, the bearish view still stands out. If this count finds favor with Mr Market, then tomorrow would be a huge down day. W1 = 926.50 - 903.00 = 23.50 W3 = 915.25 - 880.25 = 35.00 Our treacherous "friend" when...

For some reason the chart could not load properly so here's a re-post :)

Wave 2 up? :) ESM9 90min Edit: Chart updated in purple with a more "bullish" count..... See what you think... :)

Yes :) The run up seems too strong to my liking. Could be a wave 2 up. So I'm jumping off the bear ship for a while. Bye Winnie, see u later! :D VIX 60min

Still feel bearish, so here's a re-count.... See what you think.... :D ESM9 90min

ESM9 5min

Same target of about 890~892. Could be a diagonal triangle c wave of a flat that started about 3.20am ET. :)

Heh... heh.... looks like a "mess" correction pattern again... 3-3-3-3-3-5-3-3-3-3-3 ? :D Edit: I believe this is a combination correction. If we get 9 waves, then it is most likely a triangle followed by a ABC (5+1+3). If it is 7 waves, then could be a double zigzag or zigzag and...

Good one Mup! You saw this on May 7th!:) Landis, so it was indeed the last ED on May 8th? :D Possible target 868. If it extends,then 823. :eek: :D ESM9 60min

Got a lottery ticket.... :D :D :D "In the stock market, when a triangle occurs in the fourth wave position, wave five is sometimes swift and travels approximately the distance of the widest part of the triangle. Elliott used the word "thrust" in referring to this swift, short motive wave...

Thanks Illum.... Did you notice Winnie was looking at the 50% @ 878 in the SPX? Looks like it's getting there.... :D

Hope you can understand :) SPX 120min

I'm looking out for 885~883 in the ES... :)

No more new high, no more "final" ED? :D Leading Diagonal down? :D SPX 15min

Last chance for the bulls if 897.5 / 896 holds. :) Can I mention my name, Landis? :D

On a broader time frame, the ES seems "stuck" in between being bullish and bearish. Given yesterday's strong runup from 1.00pm ET, I'm a little tilted to the bullish side. If 902.50 / 900.50 holds, then we could see a third or C wave up. Keep your eyes on the 911 and 915 levels as they...

Looking good in the ES. Seems to have completed the ABC downward correction. Possibly a new high in the ES over the next couple of days.... :) ESM9 30min

Now it seems the original ABC flat option fits better. :) See what you think :) Possible targets for C: 902 895 891 http://www.elitetrader.com/vb/attachment.php?postid=2422118