Ewj: elliott wave

[ed]

Anyone sees a contracting triangle?

My charts are not working today....

 

[blnbr]

Quote from ed:

Anyone sees a contracting triangle?

My charts are not working today....

Ed, why not just use bigcharts.com?

 

[mu200411]

Five waves UP just after last post .
Will there be a measured move UP .

 

[ed]

Quote from blnbr:

Ed, why not just use bigcharts.com?

Well.... just managed to pull something out after ** attempts......

Almost a textbook running / contracting triangle, completing soon....

SPX 30min

 

[mu200411]

Oh yes! A higher high .

Edit:01-23-09 01:59 AM
Next UP move will be the fifth wave at measured move :eek: .
Then we will see if it is an a-b-c or 1-2-3 .

 

[Landis82]

12 Noon low ( -270 )

Rally in Progress!
Even Crude Oil coming back well off the lows and putting a bid back in the Energy stocks!

 

[ed]

Quote from ed:

Well.... just managed to pull something out after ** attempts......

Almost a textbook running / contracting triangle, completing soon....

SPX 30min

Well, a completed running triangle it seems to me..... goodnight irene goodnight.....

 

[ed]

Quote from ed:

Here's a SPX weekly to better illustrate my point about the "B" wave down.

SPX Weekly

http://www.elitetrader.com/vb/attachment.php?s=&postid=2259280

I think the minor "b" has just been completed as the running triangle just now.

So the next move could be a "c" wave of "B" wave down.

Couldn't update the charts as my charts have a mind of their own today....

 

[mu200411]

So it is a contracting triangle as ed's foresees .

Edit:
A Bullish alternative .

Quote from ed:01-23-09 12:57 AM

Anyone sees a contracting triangle?

My charts are not working today....

 

[mu200411]

Interesting Fibonacci's ratios .