Ewj: elliott wave
- Thread starter mu200411
- Start date
Count 1.
Minor Wave V)IVc]1)2 is ending with Minute Wave V)IVc]1)2.c which is a triple zigzag (daily chart) and may end at
13493.25 1503.68 2680.8299 13537.9503 1508.76 2688.7102.
If the Market goes above these number everyone will turn bullish and this is the end of Bull Market.
Count 2.
The Market is going into Minuette Wave V)V1]1)1.3:3 which should extended above August 8th high easily. Not everyone will turn bullish, so the Bull Market will keep rising through the election year.
Count 3.
Triangular Minor Wave V)V1]4)c is unlikely if Minute Wave c.d goes much above the .a-.c line, the Dow should fall back to .b-.d line in Minute Wave c.e on Monday to keep this count valid. The Intermediate Wave V)V1]5) will begin on Tuesday and run up through the election year..
Minor Wave V)IVc]1)2 is ending with Minute Wave V)IVc]1)2.c which is a triple zigzag (daily chart) and may end at
13493.25 1503.68 2680.8299 13537.9503 1508.76 2688.7102.
If the Market goes above these number everyone will turn bullish and this is the end of Bull Market.
Count 2.
The Market is going into Minuette Wave V)V1]1)1.3:3 which should extended above August 8th high easily. Not everyone will turn bullish, so the Bull Market will keep rising through the election year.
Count 3.
Triangular Minor Wave V)V1]4)c is unlikely if Minute Wave c.d goes much above the .a-.c line, the Dow should fall back to .b-.d line in Minute Wave c.e on Monday to keep this count valid. The Intermediate Wave V)V1]5) will begin on Tuesday and run up through the election year..
Have we seen this?
(Prechter and Frost, 1987), "C" wave - declining "C" waves are usually devastating in their destruction. They are third waves, and have most of the properties of third waves. It is during this decline that there is virtually no place to hide except cash. The illusions held throughout waves A and B tend to evaporate and fears takes over. "C" waves are persistent and broad.
If yes, it is a r-sHs or a Ãâ.
Have we seen this?
(Prechter and Frost, 1987), Advancing "C" waves within upward corrections in larger bear markets are just as dynamic and can be mistaken for the start of a new upswing, especially since they unfold in five waves.
If yes, it is an a-Wedge.
(Prechter and Frost, 1987), "C" wave - declining "C" waves are usually devastating in their destruction. They are third waves, and have most of the properties of third waves. It is during this decline that there is virtually no place to hide except cash. The illusions held throughout waves A and B tend to evaporate and fears takes over. "C" waves are persistent and broad.
If yes, it is a r-sHs or a Ãâ.
Have we seen this?
(Prechter and Frost, 1987), Advancing "C" waves within upward corrections in larger bear markets are just as dynamic and can be mistaken for the start of a new upswing, especially since they unfold in five waves.
If yes, it is an a-Wedge.