Ewj: elliott wave

The Market overshot the May 15th upward target and had come close to the downward target and wave iv of a lesser degree.
Strategy:
Prepare to buy at Bear Trap new end of wave iv when there is a higher high.
Quote from mu200411:05-15-08 09:10 PM
Strategy:
There is little margin of error on the down side which will make the Market go down a 300, 40, 50 points measured move :( .
The upside potential is 250, 25, 200 points :D .
 

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Quote from Mup 8th of may
A quick look at BA as it might be getting ready to do a final 5th wave of a larger C into that $88-$90.... ?

BA update after we hit that key target :)

120Min
 

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Its ruled itself out now :eek: :)

looks the ED count is voild so one option for the Bears is this....

Traingle of the low with the high @1440 being the final "e" wave...

120min SPX...
 

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