Ewj: elliott wave

[elovemer]

..... come on.... let's go 1325

Quote from elovemer:
.. a wave 4 pullback could be 1270

 

[Landis82]

Quote from Xuanxue:

The bounce isn't an impulse it's a correction.

Agreed.
There is so much "overlap" on these rally's that it isn't even funny.

 

[ed]

Quote from elovemer:

..... come on.... let's go 1325

I'd like it to go to about 1325 too, but it seems like it wants to test 1265 first.....

If it cannot hold 1265, then.......

 

[ammo]

Quote from ammo:

for,mu,mup,elo ,landis and xan,and the rest of you who are deciphering ew for us ET dummies,www.elliottwave.com/club/protected/pdf/barpattern.pdf there is a popgun formation on here that denotes wave turns

put an s after bar pattern on this link

 

[ed]

Quote from Landis82:

Agreed.
There is so much "overlap" on these rally's that it isn't even funny.

I have been quite disturbed by all these overlaps since Jul 15th.... I guess it's just the market testing our patience

In the longer run, I would certainly like to hold onto the view in the attached chart...

 

[elovemer]

.... forget this time calc... i have to revise this

Quote from elovemer:
.... still....
then.... 1302......1320 if it can make it
....looking for weakness around monday's close
.... if makes some serious pullback before 1320.... then could get higher than that later.... if not then looking for weakness there

 

[mu200411]

From here we can have a mesured move down or a new high.
If the last top is i.v we'll get the former , if v.i the latter .

 

[Mup]

Thunderstorm again so a quick look at what I'm missing while on break...

This would be an absolute gift to the bears into the 38.2% ...

Not seen many post an ED C wave option ....

60min ES

 

[Landis82]

August energy contracts about to expire.
Sept. Crude Oil, Heat, Gasoline, and Nat-Gas just "dumped" hard.

Sept WTI now trading -3.92 at 122.85

 

[ed]

Quote from mu200411:

From here we can have a mesured move down or a new high.
If the last top is i.v we'll get the former , if v.i the latter .

Mu,

Looks like you are going to get both!!!

First a measured move down, then a new high.....

Let's see if 1265 holds, or then 1259 if it doesn't....