Ewj: elliott wave

... what is CL ?
... looks like possible ED on OIH to me... what you guys think ?

...with 187.4 low as the end of wave 2 of ED
Quote from Mup:
Morphing into an Ed on CL ?
Daily CL :)
 

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Looks like an upward bias in the SPX back up to the 1404 / 1411 area before dumping back down to the 1362 / 1357 area, before a MAJOR RALLY back up!
 
Mup,
This may be your a-b-c :) or a 1-2-3 :confused: .
Mu.

Status:
Hold long positions.
Strategy:
Will the last buy signal be a Bull Trap that will be followed by a 700, 65, 120 points plunge. If yes, reverse position near Landis' target measured move and wave iv. If no, take profit on the ST long position and prepare to get back in.

Quote from Mup:05-28-08 09:45 PM

I'd like to see an a-b-c pattern Mu...:)

Something like an Exp Flat would be nice ...:)

15min ES
 

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Seems like us TA traders are all seeing the same options :)

looks like Mup's flat idea has either morphed into a w-x-y or even a triangle....The 1:1 is 1400.5 thats the line in the sand I'll use to re-consider things....

120min Globex scribble with both w-x-y or a tri B wave option ....
 

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One for the Gann fan's :)

SPX is currently stoped on a root 2 retracement of 0.414......Question is will any other TA based traders pick up on it.....
 

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