Ewj: elliott wave

[rtstrading]

Yep, irregular 4th has ended

 

[Landis82]

Great trading action!
Where's Mup???

 

[mu200411]

Status.
Short "Long position" entered after open at 100, 10, 20 point correction when there was a higher high and closed at measured move when there was a lower low.
Strategy.
Open short positions if the Market tanks. Reverse position at 200, 10, 20 points correction and reverse again after 100, 10, 20 points rebound.
Open short "Long position" if the Market surges. Reverse position at measured move and reverse again at 150, 15, 30 points correction.

Quote from mu200411:01-10-08 01:39 PM
Strategy.
Enter short "Short position" after open when there is a lower low. Reverse position after 100, 10, 20 points correction when there is a higher high. Reverse position again at measured move.
Consider enter long "Short position" too.

 

[mu200411]

Yesterday high 12930.7350, 1428.77, 2503.48. Another 127, 12, 15 points to go.
Wave 4)c.3:4b may be a triangle and there is one more measured move to go before the Market tanks else the Market can tank at open.
Wave 5)1.1:1v should rebound at open and end above target.

Quote from mu200411:01-10-08 01:48 PM
Expect a rebound.
End of 4)c.3:1=13059.3203, 1435.65, 2553.99
End of 4)c.3:2=13614.5303, 1498.85, 2698.48
End of 4)c.3:3=12502.6602, 1376.93, 2374.3799
expected End of 4)c.3:3iv=13057.8702, 1440.13, 2518.8699

Note:
Wave equality: 4)c.3:3v = 4)c.3:3iii

 

[mu200411]

How will these triangles turn out?

 

[mu200411]

He went to BGI. Gold is hot now.

Quote from Landis82:

Great trading action!
Where's Mup???

 

[mu200411]

All the pennants may signify North Pole, everything going South now.
Status
The Market tanked. So "Short positions" were opened at open. Short term position reversed at 200+, 20+, 40+ points correction when there was a higher high and reversed again after 100-, 10-, 20- points rebound when there was a lower low. Short "Short position" closed again after another 200-, 20-, 40 points correction at fifth wave count and a higher high.
Long "Long position" was close at open and re-entered with the closing of the last short "Short position" to reduce the cost.

Quote from mu200411:
Strategy.
Open short positions if the Market tanks. Reverse position at 200, 10, 20 points correction and reverse again after 100, 10, 20 points rebound.

 

[Landis82]

Perhaps Mup's 2.618 fibonacci time frame will wind up giving us the actual low . . . come Feb. 21st.

 

[Landis82]

Quote from mu200411:

He went to BGI. Gold is hot now.

Barclay's Global Investors?

Beijing Genomics Institute?

or

Grantly Adams International Airport, in Barbados?

 

[mu200411]

If all the pennants signify South Pole, there may be some hope, but wave count is difficult.
It may be a A-B base with a-b-c-a-b-c subwaves or a 1-2-3-4-5-a-b-c and a big surge will follow.

Strategy.
Open short "Long position" at open on Monday. Reverse position after a 200, 20, 40 points move up. Reverse again after 100, 10, 20 point correction.