Ewj: elliott wave

[ed]

Closed at 865.25 to focus on counting waves.....

Edit:
So far, 870 still seems a very likely target for end of fifth wave

 

[ed]

Quoting some words from someone....

"See what you think...."

ESM9 90min

 

[ed]

Daily VIX

 

[j1900q]

nice work ed, my count agrees.
trade well
Keith

 

[Landis82]

Huge jump in bullish sentiment as expressed by the Investor's Intelligence numbers that came out yesterday . . .

43.2% Bulls

34.1% Bears

A big jump by the Bull camp over the last 3 weeks.

http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx

 

[ed]

Quote from j1900q:

nice work ed, my count agrees.
trade well
Keith

Thanks Keith and welcome to Mu's thread...

 

[ed]

Quote from ed:

Still prefer this ED count

Seems like we're in the "C" wave of ED v now. If so, this will be the final leg up before the drop many of us have been waiting for (see below post for big picture)

ESM9 61min.....
yes.... it is really a 61min chart.... hinting to someone special to get back to this forum soon!
http://www.elitetrader.com/vb/attachment.php?s=&postid=2389633

Hmmm... this number is popping up again... what an elusive target this is....

 

[mu200411]

The correction is to deep.
Next higher high will be fifth subwave of fifth wave at resistance level :eek: .
It may turn out to be a Bull Cub Trap of 100, 10, 20 points .

 

[mu200411]

Fifth subwave of fifth subwave of fifth subwave of fifth wave
EWers exit here for a 100, 10, 20 points correction .
MA signal will confirm later.

 

[mu200411]

Wave five is treacherous :eek: .
Sometimes it extends, sometimes it fails, sometimes it doesn't show up at all .
This time it extends .
Next target may be 875.