Ewj: elliott wave

[mu200411]

Futures point to a higher start. Cover short and open long position at open.

 

[mu200411]

Close the long position, re-enter long position if there is a higher high. Prepare to short sell

 

[mu200411]

Short position entered. Set stop at the last high.

 

[mu200411]

Prepare to cover short and re-enter long position.

 

[mu200411]

Done. Set stop at the last low.

 

[mu200411]

Stop out. Wait and see.

 

[mu200411]

Prepare to enter long position if there is a higher high.

 

[mu200411]

Re-enter long position. Set stop at the last low. Quit if stop out.

 

[mu200411]

Stop out.
Look like 3 impulse wave down.

 

[mu200411]

Short position opened at lower low.