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Mu's covered the bull option...:D Its Stoped at its lesser 78.6% @ 1385..... The bears will be watching for....If it carn't clear that lesser 78.6% or the key 1387 just above... Its a Key MOB point the 1387 area on the Globex.. its a 1:1 measured move into a 61.8%..Needs to bust...

Handy that EW :D The bigger 1:1 Measured move now comes into play at around 1362 area.... 120min ES :)

Just gone 1:1 for a measured move @ 1389.75... Needs to overbalance that 1:1 to rule out a C wave.....:) 120min Globex

Much as I'd like a flat... Mu's a-b-c into the 38.2% looks better at the moment ( could get one last spike down into the 38." if "c" is an ED wave at the moment i've done the easy label option) 15min ES :)

Not looking as barmy....:) 120min ES

I'll take a look ammo....:) Great use of lables :D

Might help if the chart had the correct Alts on....:eek: Needs to overbalance the alts to get the bull interested.. Bears Still incontrol until it does....:) 5min ES....

Handy that EW :D :D Now at that 1:1 at 1372.75 Bulls need to hold that 1:1 to keep the pattern corrective...If they carn't then it opens the door to a deeper implusive wave....:) On a side not AAPL's been a great play this morning..It was 55 days up into a 61.8%...

Interesting pattern on the Globex... Might need to finish of a C wave .... 1:1 comes in around 1372.75 area...... See what you think....:) 120min Globex

A Exp flat would catch a few TA traders out....? :) 120Min SPX

6E (euro) also cought my eye... Looks like an ED wave 5 could of just finished....It could at a pinch, be awkward and do another final high into the 1.61 area, if that last high was only the wave iii of the ED... The minimum Downside target is the start of of the ED @1.52 area...

Quick weekly Scribble on USO... Done the slightly more bearish ED wave 5 option....The alt is an extention shown by the blue i,ii.... :)

Thanks elo ! :D EW is worth the time & effort getting to grips with its idiosyncrasies... Admittadly its harder than just sticking an indicator a the bottom of a chart and waiting for overbought/sold, divergence, crosses ect...ect...or what ever people do with them...:D :D Elliott...

I'll take a look Mike :) Not Technical at all this market !! :D We could morph into a w-x-y to use up some "time" but the simple 1:1 a-b-c is always worth taking a note of...

5 waves up into a 161.8% ext to tic of wave 1 on the Globex .... :) 5min ES

Thanks Mike :D Mu has also had his bull glasses on with his counts :D Looks like I was a lesser degree out with that ED.... Begining to look clearer now on 5min.... :)

Its a bit easier to see on the Globex the wave count... Finishing off the 3rd, then we need the 4th & a 5th wave ... 120min ES :)

seemed to have morphed in to a lesser ED.... Should get a pull back of a wave 4 now, before heading off into a 5th... 5min ES :)

I like the sound of those figs Mike! :) Chart from page 324 http://www.elitetrader.com/vb/attachment.php?s=&postid=1880890

Could stay messy for a while if were now in a 4th wave...... 5min ES :)