Ewj: elliott wave

We may be in Wave 3)4.d:cv.v:ii now :eek: .
The fifth subwave :v of the fifth subwave .v of the fifth subwave v of subwave :c of Wave 3)4.d may end at the measured move, i.e., 8300, 850, 1515 :D .
DJIA and NASDAQ targets are reached much sooner than expected. SP500 may follow soon.
Symbol Last Change % Change High Low Volume Time
DJIA 8,406.27 -287.69 -3.31 8,684.60 8,377.92 94,840,192 11:55 AM
NASDAQ 1,534.57 -46.33 -2.93 1,562.78 1,532.32 685,928,518 11:55 AM
SP500 868.27 -30.68 -3.41 893.39 865.81 n/a 11:55 AM
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Quote from mu20041111-11-08 10:34 PM

The most Bearish count will send the Market to 8400, 850, 1550 .
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Quote from mu200411:11-10-08 11:58 PM

Five waves DOWN. Wave 3)4.d:b might have ended .
We may be in Wave 3)4.d:c, target 8400, 850, 1550 .
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Posted by mu200411 on 11-06-08 09:34 AM:

If it looks like a duck, walks like a duck and quacks like a duck, it is a duck.
The timing is about right, the size is OK and the sharp fall that follows, this should be the end of Wave 3)4.c .
Whether there are Wave .d and .e or not will be determine by the Market Action .
But for now we may be safe to play the short side of the Market DOWN to 8400, 850, 1550 .
BTW, look out for the resistance trendline break UP .
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Sometimes we don't see wave 5.
Wave 3)4.d:cv.v may be an ED, and we are entering wave 3)4.e :eek: .
Trendline break, UP, will be the first BUY signal :) .
Wave 3)4.d:ciii.iv of a lesser degree surpassing, will be the second BUY signal :D .
 

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...i am still waiting for the 4th to materialize myself....
:0)
....edit...was thinking 888 could make a good 4th

...edit...just about got that 127 on that W
Quote from Mup:
I'd like a 5th to show itself into that 1;1 area ....:)
A closer look at the 120min Globex...
 
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