Ewj: elliott wave

....first target on bearish W is 61%....
....which is actually around 63......

.... i don't want to see it go below 70 ... ...have to see what happens
(i want to be able to be bullish for a larger upside target)
Quote from elovemer:
....... messy chart pattern
More...
 
Quote from ammo:

sorry, i was using todays range as 3rd day and i cant because it just opened, so negate this alert for today,if we stay within these hi/lo's for the day then tommorrow would be a spike in either direction
More...

Thanks for this update ammo. I was about to ask 'cos I cannot see it......:)

Elo,

Thanks for the chart. Looks software drawn......:D but just as good!
 
There is no wave three :mad: .
There are multiple overlapping waves :confused: .
Wave :iii should come before the red line is crossed, else it is wave 5 downward :eek: .
The Market always gets everybody on the wrong foot :cool: .
 

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Still looking for some sort of an entry point to take advantage of a move to new highs for the sequence.

Thus far, lots of 1-2's and not much else.
 
Or . . . we can go back to the Diagonal "C" count with today's low being the end of Wave 4 and looking for yet another push back up towards Monday's SPX high of 1313.15

You make the call.
:D
 
Daily Stochastics are pretty darn overbought, while the Weekly Stochastics are just turning up from a solid oversold condition.

Hourly's are just trying to turn-up as well . . . hence the case for another push up towards Monday's highs at 1313 SPX.
 
pattern from DAX ..

In my interpretation the SP500 is quite similar like this...

sorry, no labels in the pic ... but I guess you can figure them out by yourself without guiding :)
 

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.....this teeny tiny bull M is dedicated to Quang Viet :)
..... let's go 1575 !
...edit... looking for a higher low first...to confirm
....wheat... let's go to the moon
 

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