Ewj: elliott wave

What's next?
550, 50, 100 points measured move down and a dead cat bounce.
Or 100, 10, 20 points measured move completed and a rebound now.
 
Quote from mu200411
What's next?
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False break of that 1381.75 to finish of the A wave of a Ziggy would be nice (1376 gets some fibs) :D..... Then a move back up for the B ( 38.2% being a zig-zag fav)....
 

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Quote from Mup:

Hi Rob its been a while :)

Count is vaild, and most are looking to get a move down to complete your lesser B , before going up into the final C to complete the larger degree (B or X) wave.. Landis posted a similar count...

We could how ever have completed the corrective move back up of a larger (B) or (X ) if the pattern of the March low was a triangle..:)

http://www.elitetrader.com/vb/attachment.php?s=&postid=1929794
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This is gonna get real interesting down here at these levels . . . Lots of super low volume across the board heading into the 3-day holiday weekend!
 
Sharp pullback in the oils and oil service is putting some heavy pressure on the SPX today. OIH continues to get sold.

Inverse ETF, the "DUG" rallying strongly again, after a bottom yesterday.
 
MUP, Landis, Mu... what are your thoughts on my bearish post? Is anyone bullish? I am interested in your opinions... tell me where you think the market will be in the next 3 - 6 months.
Robert
 
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