Ewj: elliott wave

Bulls need one more high to make the UP move impulsive :( .
Top of wave 3)2.b at 9630, 1039, 2059 neared or overshot :) .

Symbol Last Change % Change High Low Volume Time
DJIA 9,556.21 +68.54 0.72 9,565.28 9,481.09 62,804,964 11:54 AM
NASDAQ 2,064.34 +16.23 0.79 2,071.42 2,049.04 898,463,317 11:54 AM
SP500 1,035.00 +9.79 0.95 1,036.50 1,025.92 n/a 11:54 AM
 

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The first targets breached :eek: .
The UP move looked impulsive :) .
The Bulls now eye their next targets :D .
Symbol Last Change % Change High Low Volume Time
DJIA 9,599.75 +112.08 1.18 9,640.33 9,449.81 173,817,000 10/5/2009
NASDAQ 2,068.15 +20.04 0.98 2,074.78 2,049.04 2,156,250,000 10/5/2009
SP500 1,040.46 +15.25 1.49 1,042.58 1,025.92 n/a 10/5/2009
Quote from mu200411:10-03-09 09:32 AM
.......There may be a little fight back to top of wave 3)2.b at 9630, 1039, 2059 :confused: ,
or a major attack to the last new high at 11100, 1110, 2220 :D .
More...
 

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Mu,

I agree with you that things are still looking bullish...at least for a while more..... :)

I still feel the upmove from the Mar'09 lows is a correction. How far it goes is a mess right now.....

The VIX however, seems to have completed a ABCDE. So it could mean there's more room for it to drop, and conversely, the indices to move up. :)

VIX Weekly
 

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Thanks ed,
mu.

The reverse Head and Shoulders is almost completed near previous top :) .
There may be some correction :( ,
and another five waves UP :confused: ,
may be, may be not :D .

Symbol Last Change % Change High Low Volume Time
DJIA 9,758.08 +158.33 1.65 9,774.32 9,601.26 72,620,579 11:38 AM
NASDAQ 2,108.14 +39.99 1.93 2,111.13 2,079.49 903,145,290 11:38 AM
SP500 1,058.54 +18.08 1.74 1,060.55 1,042.02 n/a 11:38 AM
http://bigcharts.marketwatch.com/quotes/default.asp?refresh=on&rand=7037
 

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hi!
i'm italian.. this's my first msg..
it seems to me in this way

2liiyic.png
 
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