Ewj: elliott wave

[mu200411]

Too late.
Here is another fifth wave at a resistance level. There is a lower low now.

 

[Mup]

Quote from mu200411:Here is another fifth wave

Nicely done Mu, !

i've been a degree out it seems with that last post by missing that very first alt of -6.25 as the wave 2 bench mark....

Intraday 5=1 around 1369.5

 

[elovemer]

weekly harmonic

 

[elovemer]

...bull crab.....
... first target 0.618
..

 

[elovemer]

possible wolfe

 

[mu200411]

Status.
Long "Long position" added at open as said. After that the Market moved higher every times I thought of selling.
So now hold both short and long "Long position".
Strategy.
There should be some 150, 15, 30 points correction before the 1000, 100, 200 points tarket is reached. So sell short "Long position" when there is a lower low between here and 12800 or another 150, 15, 30 points upmove.

 

[mu200411]

End of wave .iv. Going to target in wave .v.

 

[bakrob99]

Quote from mu200411:

According to Elliott (not Prechter)
Super-cycle wave I] 1783 – 1835 = 52 years long
Super-cycle wave II] 1835 – 1857 = 22 years long
Super-cycle wave III] 1857 – 1929 = 72 years long
Super-cycle wave IV] 1929 – 1942 = 13 years triangle wave
If Super-cycle wave V] is 70 years long, it will end in 2012 as Elliott predicted.
Only 5 years left to enjoy the market!!!!!!!!!!!!!!!:eek:
Centenary Wave correction will be greater than the corrections after 1835 and 1929

The Japanese Super-cycle wave V] might have been 47 years long, hence the 80% correction of the Nikkei from ~ 39,000 in 1989 to ~ 7600 in 2003

I will enjoy it on the way down more than on the way up ...

 

[mu200411]

The Market is ready to go up another 500, 50, 100 points.
But futures point to lower open!
Sometimes there is no wave five as expected.

 

[mu200411]

Status.
Short "Long position" closed at the double top or "M" pattern when there was a lower low and re-entered as said at -100, -10, -20 and a higher high. Cut loss at break even.
Re-entered short "Long position" at the target, -150, -15, -30 points, when there was a higher high.
Stragey.
Hold long positions to the resistance trendlines and measured move. Close short "Long position" if there is something wrong.