Ewj: elliott wave

If Tuesday low is broken, the Market may go down to this target.
If Tuesday high is broken, buy.
Quote from mu200411:04-26-08 02:12 AM


There is no wave :v as expected.
We may be in wave ii which would take some times.
Wave á looks inpulsive. Wave â is almost complete now.
Danger of wave ã which may be equal to wave á, i.e., -200, -20, -40 from the beginning of wave ã and end near the end of wave .iv.
More...
 
Mu can you point me in the direction, if you posted a chart of your current perfered wave count on the SPX or INDU...:)

I keep seeing "three's" ??

Like that 120min INDU chart of the possablity of an ED C wave ...:)

Here's one for the ES...

120min Globex..
 

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Mup,
I expected a Flat Correction down to .á, but it turned out to be a five wave pattern. It may be wave .i-.ii and we are going into wave .iii which should be very strong because it is wave .iii of wave iii. In this case there should be no correction down to the lower trendline.
If wave ii turns out to be an ascending triangle, there is a chance that the supporting trendlien will be touched.
I still feel that the up waves are move impulsive than the down waves.
Mu.

Edit:
Oil down to $113.30 and still going down. Will the r-sHs be confirmed or a failure? :confused:
 

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...1420 would be better for 61% on daily....
.... bearish sentiment is great for a long....
.... this short seems too obvious for them to let it go here....
..... if it won't get to 1420 later .... then the open could be a good short tomorrow....
 

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