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Did hit a higher degree 50% on the Globex.. So its worth keeping an Eye the move of the lesser -23.75 Alt just incase it stalls out and fails to make a new high...

While its holding its ALT's it still can have one more move higher... 5min ES

Even now, after all the years I've been using Elliott Wave, it still surprises me how the the patterns play out, time and time again.. :)

Elliott Wave :D

A chart migh explain how ALTs Help in an impulsive move.. A weekly chart of the SPX of the move of the 02 lows... <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2175932 width=800> (click on attachment to enlarge)

Just have to remember what ALT stands for... Its an an abbreviation of the word Alternate.. Alternate meaning waves or lenghths unfolding in the same direction. Have think and maybe another look at 127 in Prechter anniversay edition... Its one of the most useful things Frost &...

You explained the basic's of ALts well elo :)

That was a sharp change of degree... Its sets 923.5 up now... ( and its ratios 61.8% 78.6% ext)

Maybe not then.... Normally went it bust Its ALt its saying degree change... could be part of an EXP Flat ... Above that 127.2% ext (890) Its incorrect, then that sharp pull back was the degree change...

I need to have a good look over the delta elo, to get a better idea on the weekly...

Not Technical around ALTS :D

Back down we go :)

5min sellers put a lid on around that ALT Last alt was -17 if it can hold the 865 area then it can have one more attempt higher... if it carn't.... you know the score by now :D

Just hit T2 :)

They wont be pleased...A least on this thread we were always on the look out for a strong bounce once the pattern "finally" played out ...:) )

Just got to T1 :) T2 next at That ALT 882 area... T3 if it gets that far is the 50% @ 890

We that proved better on the 5th wave down :) The 38.2% @ 870 then the ALT(+65.5) back up is always the first eyeball....

Its a mess on the lower fame.. I always seem to count a little to fast.... Anyway 240min might be a little clearer... ?

:D yes we mess-up all the time especally on the sub 60min time fames due to the amount of alternate counts there can be at any one time... But we normally( hopefully) get there in the end :) ))

Looking better now its cleared that 862.5 Alt I dug out that pretcher example last night... Gives an idea of how an ED C wave should look.. Would perfer an example with a longer wave i but see what you think :)