Ewj: elliott wave

[elovemer]

....lovely chart

Quote from Mup:
Very vaild count for the bulls going into that low....
120min SPX

 

[Mup]

Thanks elo

The Gann traders & sky pliots will also note the astro time pressure on the 12th of June, with Venus square Uranus..

Hows that relate to Elliott and fibs ?? ) Venus -Uranus cycle, 225 days which is 61,8% a year.... Gann traders also like the cardinal's 180+45=225

Don't use astro myself but I know lots of Gann based TA's do...

 

[mu200411]

This is another major turning point. The move UP or DOWN should be decisive.
"Last hope for the Bulls" or "Confirmation for the Bears".
Status:
ST long position opened at open as said. ST long position reversed when the second buy signal failed to materialized.
ST short position reversed at close near measured move at the fifth wave count.
Now hold ST long position and LT short position.
Strategy:
Cut loss on the ST long position if DOWN. Close LT short position if wave 'one or a' territory is invaded.

Quote from mu200411:06-13-08 01:11 AM

Fifth wave of third wave or wave c.
Rebound soon. May be second buy signal for today.

 

[elovemer]

.........S pattern sometimes represents a bottom

 

[elovemer]

...guess you guys saw these....
... i completely missed them...

.... gotta watch those tick charts

..... 45.5 high..... target for long entry 35.5

 

[Mup]

Scribble on the Globex 120min

 

[Mup]

This is one for the Bears that allows a move up into a lesser wave 4 of a larger Leading Diag wave 1 or a...

120min Globlex..

 

[elovemer]

...looking good so far...
... yesterday was also a diamond.... which could represent a turning point as well

....also inverse head and shoulders on hourly chart over 3 days

Q
... mup thank you for that soya chart [/B]

 

[mu200411]

Fifth subwave of third wave at measured move. Expect some set back soon. Then let's see if there is fifth wave.

 

[Mup]

120min Globex ...

Could be in a lesser wave 4, before going into the 5th to finish off a C wave ??

See what you think