Ewj: elliott wave

1266.55 and 1251.95 SPX support.

What does the FED know that we don't?
They said they were "done" after 50.

Hello Bernanke . . . how about some clarification???
 
Mr.B is a C. He stands in front of a freight train. Wait and see if he survives.
Mr.B is a T2. He acted at oversold RSI, MACD, High volume sell off, measured move, etc. He created what should be called Mr.B's Hammer.
He is trying to end wave five or wave five dictated him to act as Elliott said. :)
 
Bullish scenario 1.
Mr.B's Hammer may signify the end of 4)c.5. The Market is going to advance 5000, 500, 1000 points before the election or abount 40%. Some stocks may double in price.
Strategy 1.
Buy a lot of call options, they are very cheap now.
 

Attachments

Bearish Scenario 2.
Mr.B is run over by the freight train near 12700, 1370, 2350 or after a 1000, 100, 200 rebound.
Strategy 2.
Buy a lot of puts when they are cheaper at target.
 

Attachments

Status.
Hold long "Long position" and short "Short position".
Entered long postions when there was a higher high. Short terms position reversed several times at 200, 20, 40 points advanced and fifth wave count when there was a lower low and at 100, 10, 20 points decline when there was a higher high.
Strategy.
Same as yesterday. Close long "Long position" if Tuesday low is broken.
 

Attachments

Tuesday Low = 11644.0801, 1274.29, 2221.2 near measured move.

Tuesday Future low touched Landis' call and rebounded!


Quote from mu200411:

Futures=-394, -68.5, -50.90 :(

Wave 4)c.5:5 may end at
4)c.5:2=12612.4004, 1391.99, 2429.5801
4)c.5:3=12127.5098, 1330.67, 2343.6499
4)c.5:4=12337.2305, 1350.28, 2384.21
4)c.5:5=11852.3399, 1288.96, 2298.2798:mad:

Wave 4)c.5:5 may be and extended fifth wave and equal to wave :1+:2+:3 and may end at
4)c.4=12931.29, 1429.09, 2503.55
4)c.5:3=12127.5098, 1330.67, 2343.6499
4)c.5:4=12337.2305, 1350.28, 2384.21
4)c.5:5extension=11533.4503, 1251.86, 2224.3099:eek:
More...
 
..... how about my 5 waves down on daily now ?
...... complete.....
.....let's see if it holds.....for some kind of a bounce on daily
.....daily and 4 hour stoch looks similar to end of LAST 5 waves down on daily
Quote from elovemer:
...1...2.... so far....
Quote from elovemer:
...looks like another 5 waves down .... after the 3 waves up ... on the daily ....
.... is still possible......
More...
 
You must log in or register to reply here.
Back
Top