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Non-confirmation. Better stay put. Dow sideways, S&P down, Nasdaq up.

Market stalls. Short if there is lower low, place stop at last high. Just for fun.:D

No news is good news.:D If the Market is satisfied with yesterday correction it may move up another 400, 40, 80 points in Minute wave 5)1.1 or 5)1.3.:eek: If not the Market should open in negative territory which is not the case because Futures point to a strong opening.:( Our EWMTer is...

Prepare to stop out and quit for today if there is a new high. Long position still intact.

The Market spends most of the time deciding where to go. This may be a big decision for the Market so it takes more time than usual.

a-b-c completed, may break down to new low soon.

Short position re-entered. Set stop an previous high. If stop out quit for today. Plan to cover near 13650, 1500 and 2632 when there is a higher high. 2/3 expected length will be accepted.

Use previous target as exit point.

Consider re-enter short position at a lower low, because a-b-c count is completed. Set stop at the last high.

Unexpectedly stop out early by a higher high.:eek: This is an "M" pattern failure? :confused: Looking for another entry point for short position.

Market drops as futures told. Prepare to take one half of the profit expected at the target and all when there is a higher high.

Elliott Wave Minor Wave Trading Strategy 1. Maintain Position according to the Minor Wave Count for a calculated length (1000 - 2000, 100 - 200, and 200 - 400 points move in Dow, S&P and NASDAQ respectively for this particular Minor Wave). 2. Trade counter trend during Minute Wave correction...

Errata: The small "M" pattern was completed. Waiting for the big "M" to be confirmed. Take profit at measured move (previous high to previous low), but wait for a higher high as an exit signal for the short position. Long position is still intact.

The small "M" pattern was completed. Waiting for the big "M" to be confirmed. Take profit at measured move (previous high to previous low), but wait for a higher high as a sell signal. Useful link:http://thepatternsite.com/bigm.html "For swing traders, sell short at the second double top...

The small "m" is comfirmed. Waiting for the big "M" confirmation.

The Market is not as strong as it is supposed to be, only NASDAQ goes higher than yesterday high. Waiting for m&M. If the small "m" is confirmed the big "M" may be confirmed too, get out at target of the big "M" or stop out by the high of yesterday.

The market is too strong. Ready to stop out short position and quit for today. Still maintain long position.

Many technical indicators are in overbought zone. Japanese candle stick chart shows weakness at resistance trendline or level. 25 sma investors are tempted to take profit. Futures point to an opening at Friday high. Strategy. Elliott Wave Minor Wave Trader is holding long position. He is...

Thanks Mup. These are two more possible counts. Elliott Wave is very flexible.

US Gov't 10 Year Yield up to 10% in 2012. During 1981 - 1986 US Gov't 10 Year Yield fell in Cycle Wave A, then rebounded in Cycle Wave B in 1987 and fell again in Cycle Wave C during 1988 - 2003. The move up during 2003 - 2007 should be intermediate wave 1), 2) and 3) which should end at 7%...