Ewj: elliott wave

[KOOLBLUE]

BY THE WAY THE 4.236 COMES IN AROUND 19:eek:

 

[Mup]

Quote from Mup:

The 38.2% dynamic resistance is around 1014 on the SPX.

Daily SPX

 

[Mup]

OEX is still below its 38.2%

so the SPX has still got some upside room if it wants...
Which would also fit koolblue's +/-1030 area


Daily OEX

 

[Landis82]

Dollar going to the MOON and the commodity stocks and CRUDE OIL couldn't care less!

Looks like the ED really hooked a lot of people, once again!!!

 

[KOOLBLUE]

saw it coming Landis... remember my question yesterday?(never got any replys!) i thought the dollar may have reached a MAJOR BOTTOM! (similar to 666 on the spx). Juries out but it sure looks possible , doesnt it?

 

[Mup]

That Triangle is still vaild on the EUR with the 88.6% halting things....

480min

 

[Landis82]

Quote from KOOLBLUE:

saw it coming Landis... remember my question yesterday?(never got any replys!) i thought the dollar may have reached a MAJOR BOTTOM! (similar to 666 on the spx). Juries out but it sure looks possible , doesnt it?

There's an Elliott Wave Blogger by the name of Kenny who has been looking for a MAJOR LOW in the U.S. Dollar which would then take the S&P into Primary 3 on the downside.

I bet today's action must be frying his BRAIN!!!

 

[Mup]

We've been keeping half an eye on the DX.

Just niggles that everyone is see in the same thing...

from Mup:
DX .....
It just niggles me that everyone is seeing the same count....
Might still get one last leg down on the DX to finish off a lesser 5th.
http://www.elitetrader.com/vb/attachment.php?s=&postid=2502593

The move up from March 08 to March 09 being a ED wave ii would get peoples knickers in a twist.. This 5 wave move down being the first part of the iii.
The patten goes back to the early 1980's being a cycle degree ABC.

 

[mu200411]

Wave :5 came at last, Crude Oil near $73, SPX 1015 .
Now no need for cheap $ .
If this is 3)3.1:5 or 3)3.5, there may be another five-waves UP .

 

[KOOLBLUE]

Quote from Landis82:

There's an Elliott Wave Blogger by the name of Kenny who has been looking for a MAJOR LOW in the U.S. Dollar which would then take the S&P into Primary 3 on the downside.

I bet today's action must be frying his BRAIN!!!

...yeah, i think EWI was also looking around there...not sure as im not a subscriber. AND honestly, truth be told, i was actually looking for the 74-75 area! just goes to show im not always right!