Ewj: elliott wave

Reluctantly open a short "Short position". Set a tight stop at the last high. Set target at yesterday high, cover there if there is a higher high.
 
I would agree with being on the long Bus :)

I bet Landis is pleased this morning as 1404 held with the time pressure.

Time hits for Monday & Yesterday were 34,55 & 89 Trading days for those who like fibs:D

This was from page 162

Quote from Landis82
On the SPX:
1.382 x 63 points ( 1 down of "C" ) = 87 points.
1492.15 high of 4 of "C"
( a 65% retracement of 3 ) - 87 = 1405

Nicely done.. :)
 
Short "Short position" re-entered. Set stop at the last high. If stop out try once more. Set target at 100, 10, 30 or yesterday high. Close short "Short position" when there is a higher high.
 
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