Ewj: elliott wave

We should still be stuck in a fourth wave correction.... :)

I'm long ES for a small scalp....just to keep me awake! :D

SPX 60min

Edit 12.26pm:
Stopped out for a really miniscule 0.25 point profit! That was really tiny.... :)

Have a good weekend folks! :D
 

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Quote from ed:

We should still be stuck in a fourth wave correction.... :)

I'm long ES for a small scalp....just to keep me awake! :D

SPX 60min

Edit 12.26pm:
Stopped out for a really miniscule 0.25 point profit! That was really tiny.... :)

Have a good weekend folks! :D

Hey Ed,

I would tend to agree.
Could have been a (b) wave of a Minor 4 triangle.

Have a great Weekend!
:)
 
S&P500 Weekly chart.

Looking for the end of wave (4) and a truncated (5).

"Truncation often occurs following a particularly strong third wave"

(4)C5 should go at least to the top of the channel @ 1100 :cool:
 

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hi, MitchWorse/everybody..
if we read elliott's guidelines, like that you've posted, i also remember that 4 wave not often looks like a ZZ, that appears preferibly in 2,A,X,Z,B......etc...
Reading John Gambino( do you know him?), we heard he's talking about a motive wave from march-

:)
but in long time we all are not able ( keynes said :dead)
 
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