Ewj: elliott wave

Quote from Mup
Interesting pattern on the Globex...
Might need to finish of a C wave ....
1:1 comes in around 1372.75 area......
http://www.elitetrader.com/vb/attachment.php?s=&postid=1893382
More...

Handy that EW :D :D
Now at that 1:1 at 1372.75
Bulls need to hold that 1:1 to keep the pattern corrective...If they carn't then it opens the door to a deeper implusive wave....:)

On a side not AAPL's been a great play this morning..It was 55 days up into a 61.8%...
 

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Last chance for the Bulls at the complete count of a-b-c and a bit longer than measured move.
Beyound this point the down move will become implusive.
 
Might help if the chart had the correct Alts on....:eek:
Needs to overbalance the alts to get the bull interested..
Bears Still incontrol until it does....:)

5min ES....
 

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thanks mup.if u go to that page,the mp pattern is a shape of a p,that indicates a trend day,sometimes it makes a second value area, when that happens it sometimes goes back to the narrow spot which is your 78,a normal pennant shape, call a boob,a 2 boob day ,call that narrow spot the cleavage, and the value areas the nip, on that page the nips are 80.5 and 74.50 and the cleavage is 78.00
 
Much as I'd like a flat...

Mu's a-b-c into the 38.2% looks better at the moment
( could get one last spike down into the 38." if "c" is an ED wave at the moment i've done the easy label option)


15min ES :)
 

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