E elovemer Dec 10, 2008 #4,981 ...possible.... for the W ... missed it... Attachments w.jpg w.jpg 324.6 KB · Views: 100
M mu200411 Dec 10, 2008 #4,982 "W" pattern completed as expected , but 5 waves DOWN and a-b-c means a measured move DOWN to yesterday close :eek: .
"W" pattern completed as expected , but 5 waves DOWN and a-b-c means a measured move DOWN to yesterday close :eek: .
M Mup Dec 10, 2008 #4,983 Quote from Mup: 915 are would be nice for the ES as an easy eyeball.... http://www.elitetrader.com/vb/attachment.php?s=&postid=2214695 120min Globex More... no change for me unless 895 (es) gets busted....
Quote from Mup: 915 are would be nice for the ES as an easy eyeball.... http://www.elitetrader.com/vb/attachment.php?s=&postid=2214695 120min Globex More... no change for me unless 895 (es) gets busted....
M mu200411 Dec 10, 2008 #4,984 Small "w" pattern completed with 3 waves, wait to see if there is wave five . 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 .
Small "w" pattern completed with 3 waves, wait to see if there is wave five . 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 .
L Landis82 Dec 10, 2008 #4,985 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.
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.
M Mup Dec 10, 2008 #4,986 Looks like 873 now the Momentum has changed below that 895 & 891 levels... All on the bear bus now Attachments pw223259-79.png pw223259-79.png 48.9 KB · Views: 230
M mu200411 Dec 10, 2008 #4,987 Measured move passed and fifth subwave , expected a rebound soon . Attachments 1210mmreached.jpg 1210mmreached.jpg 61.1 KB · Views: 98
M mu200411 Dec 10, 2008 #4,988 The wave pattern begins to look ugly . There can be both measured move DOWN or UP . Check the resistance trendline and level for clue . Attachments 1210mmdownorup.jpg 1210mmdownorup.jpg 61 KB · Views: 104
The wave pattern begins to look ugly . There can be both measured move DOWN or UP . Check the resistance trendline and level for clue .
L Landis82 Dec 10, 2008 #4,989 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
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
L Landis82 Dec 10, 2008 #4,990 Just traded back up to 898.97 before coming back off a bit. What a battle! NOTE: Where is EVERYBODY today???
Just traded back up to 898.97 before coming back off a bit. What a battle! NOTE: Where is EVERYBODY today???