Search results

15min ES with some ratios on... looks like we've had 3 lesser waves down into the 61.8% area so we still need wave 4 then a 5 ..

Looks like we got the C wave down as per last chart on the Globex..:) The 1:1 @ 1251 and the gap close just below.. 120min SPX

240 min Globex option if that LEH news gathers some momentum.. :)

Bloomy are pumping this out about LEH after hours action.. from Times online... Japan’s biggest megabank, Tokyo Mitsubishi UFJ is poised to enter the bidding for a substantial stake in Lehman Brothers, and may even seek control of the ailing Wall Street titan, according to banking...

Hi ed Yes, had a good break with some time at home and a few weeks in BGI :D Could only manage a double bottom after the penguin bar.. Tokyo Mitsubishi UFJ rumor about bidding for LEH might be interesting.

penguins looking at aircraft bar Normally get new with these.. 5min ES

Reminder on the daily frame on where we could be at. Daily SPX :)

Still no change since my last scribble as long as the Alt of -57 (1256 spx) hase not been overbalanced. 120min SPX :)

Nice chart Mike.. :) Stopped around the 61.8% ?? Could be a classic wave ii of and ED pattern.

Just noticed EWI are doing a free week on FX charting... Seems they still carn't see the wood from the trees :D :D Anyway Mups Weekly EUR #F is looking a liitle better..posted a little while back...:) http://www.elitetrader.com/vb/attachment.php?s=&postid=1953815

Annual european summer hoilday ed We do like taking July/ August off :D

Monsooning down today so a quick check on whats going on.. While its still holding its ALT;s ie the last -57 point correction which comes in around the 1256 area the bulls are still cracking the whip. C=A would give 1349 area for them to aim at. Interesting time pressure on the 21st day of...

Looking better :) Could morph into a larger triangle , but for now its easier to keep it simple... I'll take a look a OIH when I'm back in the office :D

Bears will be hoping for a yesterday's move completed an e wave of a triangle...

Monsooning it down again... :( Has anyone covered the triangle option ??? 120min SPX :)

Ideally i'd like a move to below that last swing low of 1234 before it tries back up.. The Flat is a popular count :)

Handy that EW even when mixed with a little Mount Gay.. :D :D Thanks for the link ammo btw :)

Might of been a little worse for wear yesterday Mike :D :D Just had a quick look on Globex and that 1275 area is Key. Its a 1:1 Alt into a 61.8% If it carn't clear that , then the bears are still incontrol and its new lows....

Longer term CHK looks like it wants $25 bucks area but thats just an eyeball, I haven't got full software access for a delta map just yet... On the SPX a double top on an 88.6% (1284.5) is never a good sign for bulls... Thanks ed, I'll know who to blame when it rains...:D :D

Looks like we could be in the start of the larger (C) down wave now ... 60min SPX