Ewj: elliott wave

Quote from Mup:

5min ES

Pattern reminds me a little of fig 4-15* in Prechter 20th anniversay edition...

* Fig 4-14 in the orginal...
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:eek: :eek: :eek:
How many times did you read that book?!?!
:eek: :eek: :eek:
 
It turned out to be a FALSE BUY Signal :mad: .
Wave .v showed up at last :) . Better late than never :D .
A measured move will send the Market to the last target.
SPX Wave .iv is an expanding triangle.
DJIA Wave .iv is a zigzag.
NASDAQ Wave .iv is a running correction.
 

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We could count 5 waves down now into that ratio area..

There's a whole host of ratios between 858 & 851 so it could get a strong bounce of these levels...

If it corrects more than +12.5 then things are changing...
 
5min ES

could very well have finished ....

above that +12.50 Alt certainly changes things.. If it carn't then its still in the same degree of a time wasting wave iv...

Bull option if it gets above its last ALt...
 

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