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Flat b of iii while its holding its alts 5min ES ED update

A chart to help explain that last post.... Needs to get below that 935 swing low to confirm... while its above that last swing then the bulls will be hoping its a 1,2 of a wave 5 Last ALT comes in at 942.5 so the bulls need to hold that line... ( while they do we can count a flat b of...

A curve ball count option is that yesterday was a triangle following that sharp impluse down on late Wednesday afternoon. That last move up at the death yesderday being the "e" wave. Below that 930 area would swing the odds for this option... ED would be a gift, but no bias either way...

Thanks Pa(b)st :) Hopefully if the market is showing its hand as an ED then it will be a gift for the bears... New HOD at the death....:) 5min ES

A scrible on the 5min to help explain that last post :) ES 5min Incorrect below that 930 area

They defended the 61.8% If its that ED count the wave III needs an a-b-c pattern And that move down could be the b wave

Just hit that lesser 1:1 Bears last chance to drive it down... Last ALT was -13 first target.. If that holds then wil get another move back up.. If it doesn't hold then the will try for an intraday low..

Pattern does look sloppy enough for an ED (C) wave on the larger 120min Globex time frame..

That ED option.... If it gets above the 61.8% around 955 the the odds move more in the ED's favour.... Below the bears still have their C wave chance... 15min ES

Bears will be looking at the w-x-y B option for the run down to the 1:1 for C... If it drifts much higher then an ED wave iii will be more of the lead 15min ES

Thanks Mu :) Handy those traffic lights.......... :D

Bulls will be looking for a Flat wave (4) as elo posted last night... Also long as it holds its ALT @ 904.5 ( length of w(2) ) it still can get a wave (5).. If it goes below that ALT then we can jump on to the triangle or something more bearish.... That 1:1 into the 38.2% around 916-15...

Looking better for its run down to that 915 area :)

Two 1:1's to watch First is the 940... If that goes then next stop is second at 915.... 120min Globex

Its seems Ben's Apache helicopter has been mothballed and C-17 Globemaster is now doing the work.... :))

Oct. 30 (Bloomberg) -- The Federal Reserve agreed to provide $30 billion each to the central banks of Brazil, Mexico, South Korea and Singapore, expanding its effort to unfreeze money markets to emerging nations for the first time. The Fed set up ``liquidity swap facilities with the central...

Nothing wrong with that elo :)

Thanks TT1 Pa(b)st gave the heads up on the 970 area :) On the bigger picture That 61.8% ratio does now open up the traingle option just to drive people nuts for another week... Mu likes the triangle or running flat option I think ? 120min SPX

Enjoyed today Good stuff everyone :cool:

970 on the SPX 61.8 5 waves into it and they hit it...faster than I could post it :) ))))