Ewj: elliott wave

[elovemer]

...here is a shot of that possible 79 entry
.... if not... then possible up turn start in next hour

 

[Landis82]

1179 it is!

Anyone looking to get LONG here?

 

[elovemer]

...if the market is going to turn up....
... a bull M ending at end of month... below 1136 for 127% or 161% entry
.... would be a great way to do it....
....same pattern as the 1 min chart posted earlier but on daily frame
....for thursday.... 2 down days and a pause day could be a good set up for a thursday

Quote from Landis82:
1179 it is!
Anyone looking to get LONG here?

 

[elovemer]

....a 61.8% retrace on quarterly chart.... lands right between 127% and 161% on possible bull M scenario on daily chart

 

[Mup]

Just need to get above the 1207 area to prove the bull case...Time wise I'd like a move up some time on the 25th

If it carn't we need a move down for a (z) wave to complet a triple pattern

120min Globex

 

[mu200411]

Wave :iii also extended. Wave :iv should end below 1206.

 

[Mup]

I'd keep an eye on CL for a possable move up to at least $108.60 area as its competed a corrective 1:1

120min CL #F

 

[elovemer]

.....next possible pivot point for bull M scenario is around 1249....

 

[Mup]

It bothers me that everyone is expecting a bounce so here's the otherside of that option..

zig-zag pattern

60min ES

 

[ed]

...possible ED c wave on the SPX 10 min chart......