M mu200411 Dec 6, 2007 #1,201 Short position stop out. Plan to enter short position again if the Market falls from 13500, 1492, 2690 level.
Short position stop out. Plan to enter short position again if the Market falls from 13500, 1492, 2690 level.
M mu200411 Dec 6, 2007 #1,202 Thanks Mup. We reach page 200 with your help, landis's, elovemer's, traderob's and some others. This sideways Market is very difficult.
Thanks Mup. We reach page 200 with your help, landis's, elovemer's, traderob's and some others. This sideways Market is very difficult.
M Mup Dec 6, 2007 #1,203 Key area the 1496-1497 on the ES its the larger 50% Exp flat is still valid so we need a C wave if its in that count. The count becomes incorrect above the 123.6% @1500. Attachments pw223259-02.png pw223259-02.png 49.3 KB · Views: 88
Key area the 1496-1497 on the ES its the larger 50% Exp flat is still valid so we need a C wave if its in that count. The count becomes incorrect above the 123.6% @1500.
M Mup Dec 6, 2007 #1,204 Closer look at the 5 min Possable 5 waves up into 1496, the players will always try a break back sell in anticipation of an H&S pattern with a S&R 6-8 ticks above the 50% in case it morphs into an ED pattern. Attachments pw223259-06.png pw223259-06.png 44.1 KB · Views: 85
Closer look at the 5 min Possable 5 waves up into 1496, the players will always try a break back sell in anticipation of an H&S pattern with a S&R 6-8 ticks above the 50% in case it morphs into an ED pattern.
M mu200411 Dec 6, 2007 #1,205 This may be as far as the Market can go. Prepare to open short position again.
M Mup Dec 6, 2007 #1,207 Quote from Mup: ...in case it morphs into an ED pattern. More... Last chance saloon for the sell.... Attachments pw223259-10.png pw223259-10.png 43.7 KB · Views: 82
M mu200411 Dec 6, 2007 #1,208 Look like an ascending wedge now, with lower trendline break. Prepare to open short position.