Ewj: elliott wave

[Mup]

Not had an ED c for a while ???

Would be a gift for the bears before the Jobs number...

see what you think

5min ES

 

[elovemer]

....that one looks good.... :0)

...edit...keep an eye on 11.30-12.30 hour for a high pivot....

Quote from Mup:
If we step up a degree and say we had a failed c wave low..
Then 881 would be the next 1:1 target...
30min ES

 

[elovemer]

....if it wants VWAP.... it is around that 78% retracement..... 855 thereabouts
....edit.... 864 alt could hold up here....

 

[ammo]

elo,is that new york east coast,or chicago central time zone

 

[Mup]

would fit a low with the delta in the lunch period ...

More like a 3 wave Y wave pattern developling for the Gap close later on??

As elo points out things start to change if the ALt & 50% gets busted (854/5) (ES) though....

15min ES

 

[ed]

Quote from Mup:

would fit a low with the delta in the lunch period ...

More like a 3 wave Y wave pattern developling for the Gap close later on??

15min ES

http://www.elitetrader.com/vb/attachment.php?s=&postid=2205973

Mup,

If it does become a Y pattern, would our larger outlook of a ED 5th change?

Thanks

 

[Mup]

Y could be the end of the larger wave (i)...(3 waves structures & all of that for ED's waves)

It depends on the the depths of the corrections to rule out the larger ED...

 

[elovemer]

....could be key'ing off of the 70.7%
.... tiny alt at 867 for more upside....

 

[mu200411]

Expect another five waves UP .

 

[Mup]

The ALt count incase were to bullish on the Gap play...

Below 853 then the odds swing on to this...( completed Nasty triangle y pattern)

Would like a gap play for the delta , but I'll jump faster than a rat off a sinking ship if the alts warn.. )

Bear count just incase the ALts & 50% gets busted...

15min