Ewj: elliott wave

Multiple guesses of the End of Minute Wave 4)c.b
-by measured move.
13574.94, 1505.03, 2626.26
-if Subminuette Wave 4)c.b:c.iii does not extend
13531.9394 1494.609 2627.1699
-if Subminuette Wave 4)c.b:c.iii extends
13778.1688 1527.189 2692.0298

Interpretation.
If Subminuette Wave iii did not extend, Minute Wave 4)c.b might have ended yesterday.
If Subminuette Wave iii did extend, it may end at
13637.6991 1507.749 2652.1599
and Minute Wave 4)c.b may end at
13778.1688 1527.189 2692.0298

(Note 1: no time to make adjustment for yesterday data)
(Note 2: no sHs showed up)
 
This sell-off looks a little tame & lame, even with a -2000 A/D on NYSE. Unless we gather downside momo in the afternoon and trend all day long, which to me seems rather unlikely at the moment, it looks like it's a dip before a higher high (I hope so, 'cause I haven't plunged in just yet, just daytrading in and out so far; hope to see some mid 1500 action by Friday).
 
The Culprit of the Next 500 Years Dark Age.

"The apparent motive is hatred of Americans," said Federal Police chief Joerg Ziercke, adding that the explosives could have caused more damage than bombings in Madrid and London which killed 191 and 52 people.
The three belonged to a little known al Qaeda-affiliated Sunni Muslim group with roots in Uzbekistan called "Islamic Jihad Union", officials said. All three are believed to have trained in Pakistan militant camps.
http://www.reuters.com/article/news...PSTORY_three_arrested_in_alleged_plot&sp=true
http://www.advantour.com/uzbekistan/
Tartars.
http://www.newmanreader.org/works/h...s/lecture1.html
http://www.authorama.com/ancient-ch...mplified-4.html
 
The Culprit of the Next 500 Years Dark Age.

"The apparent motive is hatred of Americans," said Federal Police chief Joerg Ziercke, adding that the explosives could have caused more damage than bombings in Madrid and London which killed 191 and 52 people.
The three belonged to a little known al Qaeda-affiliated Sunni Muslim group with roots in Uzbekistan called "Islamic Jihad Union", officials said. All three are believed to have trained in Pakistan militant camps.
http://www.reuters.com/article/news...PSTORY_three_arrested_in_alleged_plot&sp=true
http://www.advantour.com/uzbekistan/
Tartars.
http://www.newmanreader.org/works/h...s/lecture1.html
http://www.authorama.com/ancient-ch...mplified-4.html
 
It looks like Minuette Wave 4)c.c has begun, isn't it?
13126.3896 1457.64 2542.48
13521.8604 1496.4 2644.45 End of Minuette Wave 4)c.b
13203.8604 1466.34 2596.7
13599.3312 1505.1 2698.67 End of Microwave 4)c.b:cv

If it is, Minuette Wave 4)c.c might have begun yesterday at
13521.8604 1496.4 2644.45 End of Minuette Wave 4)c.b
and went down as what look like an impulse wave i and a corrective wave ii. If this is correct the Market should go down today = or > yesterday as an impulse wave iii.

If the Market goes your way [JSL_Capital, "This sell-off looks a little tame & lame, even with a -2000 A/D on NYSE. Unless we gather downside momo in the afternoon and trend all day long, which to me seems rather unlikely at the moment, it looks like it's a dip before a higher high (I hope so, 'cause I haven't plunged in just yet, just daytrading in and out so far; hope to see some mid 1500 action by Friday)".] it may rebound in wave v to
13599.3312 1505.1 2698.67 End of Microwave 4)c.b:cv
 
Hmm. . .the rally attempt today hasn't been that impressive either, so far. . . Couldn't even fill the gap! I'd give more odds on us seeing a lower low like you say, but then tomorrow's big numbers can affect the market in unexpected ways. It's certainly uncertain times.
 
One of the reasons I'm leaning toward the bearish side today for the near term is that I'm noticing a head & shoulders pattern with the left shoulder being formed last Friday. Bulls put up a decent fight to put us above it today but couldn't. Maybe they'll try it again tonight when volume's thinner :D. We're closer to the shoulder level than to the neckline so we'll see how it goes.

BTW if for some reason we gap down big below the neckline tomorrow, the whole price action since last Friday becomes an island reversal and that would probably take us back down to the last reaction low in the 30s on the spoos imo.
 
I thought I lost my sense of direction lately. I remembered I was at 13,358 on July 30th, 2007, after I moved forcefully for more than a month I was at 13,363 on September 6th, 2007.
Which way to go from now? The Market said to itself.
 
Europe didn't like the number. They vote down.:mad:

You are on the right side of the Market again.:D

Quote from JSL_Capital:

One of the reasons I'm leaning toward the bearish side today for the near term is that I'm noticing a head & shoulders pattern with the left shoulder being formed last Friday. Bulls put up a decent fight to put us above it today but couldn't. Maybe they'll try it again tonight when volume's thinner :D. We're closer to the shoulder level than to the neckline so we'll see how it goes.

BTW if for some reason we gap down big below the neckline tomorrow, the whole price action since last Friday becomes an island reversal and that would probably take us back down to the last reaction low in the 30s on the spoos imo.
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