Ewj: elliott wave

.... 3 in the works .....
Quote from elovemer:
...1...2.... so far....
Quote from elovemer:
...looks like another 5 waves down .... after the 3 waves up ... on the daily ....
.... is still possible......
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Quote from mu200411:

6 months running (irregular) trinagle wave 4) could end here.
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As I have mentioned a few times in prior posts, we are currently in either an irregular wave 4 corrective phase OR a wave 4 symmetrical triangle.

At the current time I am seeing mounting FEAR in the markets. As most of us know overly Greedy times are best for selling and overly Fearful times are best for buying. This may translate into an outstanding buying opportunity in this area as shown in the chart below.
 

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Position reversed at measured move when there was a higher high. Prepare to reversed again if there is a lower low at 10, 10, 20 points rebound. 70, 7, 14 points will be OK too.
 
Quote from rtstrading:

As I have mentioned a few times in prior posts, we are currently in either an irregular wave 4 corrective phase OR a wave 4 symmetrical triangle.

At the current time I am seeing mounting FEAR in the markets. As most of us know overly Greedy times are best for selling and overly Fearful times are best for buying. This may translate into an outstanding buying opportunity in this area as shown in the chart below.
More...

Yes, I would tend to agree.
Excellent work!
 
If 1406 breaks . . .

Looks like the best case scenario would be an ABC-X-ABC that finds support at the 1370.60 SPX August 16th low for the "flat".

If not, 1336 is certainly in the cards.

10-month MA is now negative.
This hasn't happened since July of 2006.
 
..... with break of daily and weekly trendline..... i take it all back..... :)
....... unless this thing turns up very strong very soon......
Quote from elovemer:
.... 3 in the works .....
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