Ewj: elliott wave

[Landis82]

With this market, it doesn't take long!
Moves that used to take several days now occcur in just hours . . .

 

[ammo]

Quote from ericmoles:

Ammo,

Your link didn't work. No popgun info there.

there is one in aapl right now on the 30 min,you get a 1st bar and the second bar is inside the hi and lo of first bar,the next bar is higer hi and lower low of first bar,shortly after there is a big move changing the trend or a turn in the 5 wave or abc, this 3 bar pattern is an alert,i'll find the link later

 

[elovemer]

....possible pullback at 84...

 

[mu200411]

Measured move now :eek:
We have to hurry
We have to figure it out, whether it is an a-b-c or a 1-2-3 .
Our future depends on this .

 

[ericmoles]

It's stalling out at the .786 retracement of the downswing. I haven't lost faith in my upward wave 2 with a downleg to come. If it breaks the old high, I'm definitely wrong and poorer.

 

[mu200411]

Oh! a pull back as elovemer said .
The pull back is equal to the supposed wave ii now.
If it is wave iv there should be a new high and a another measured move . If not this pull back should be a lot bigger than wave ii :eek: .

 

[Landis82]

Forget trying to figure out every "wiggle" in the indexes today . . . the oil drilling, nat-gas, crude oil producer, and refining sector is SURGING!!!

 

[mu200411]

Wave five (wave :v) of c (wave ii.ã) should rebound soon if this is not an impulse wave down.

 

[Landis82]

Oil +$2.70 now at 124.90

Putting pressure on the SPX.

 

[mu200411]

Too bad, the Market falls too deep .
But wave iv count is viable until the supposed wave i territory is invaded .
Then we shall see 1-2-3-4-5 impulse wave down and the a-b-c corrective wave up more clearly .