Ewj: elliott wave

Small "w" pattern completed with 3 waves, wait to see if there is wave five :confused: .

Edit:01:29 AM
Last change for small wave five :( .

Edit:01:34 AM
Small five waves DOWN :eek: ,
expected a measured move DOWN to near yesterday close :mad: .
 
I'm with you Mu.

Energy issues have rolled-over now on the sell-off . . . after an "oversold" bounce I'm tempted to short and look for additional downside into the close.

Crude only +$1.80 now with 40 minutes left in the NYMEX session.
 
Just got within .07 cents from yesterday's 2:30PM SPX low.

885.45 vs 885.38

:eek:

Time for a bounce?
Looks like 3 waves down from the 12 noon highs and an A-B-C wave 4 "bounce".

50% of Wave iii = 894.50 or so.

61.8% = 896.50 SPX
 
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