Ewj: elliott wave

73.25 is around 161% globex extension

... chart is daily chart showing pos divergence and then squeeze
... green is div
... red is squeeze
 

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Speaking of GS...

The whole pattern of the March low looks corrective...

The question is, has it completed a simple a-b-c..

Or is the correction going to morph into a more complex w-x-y..

The simple a-b-c then, 1,2 has the cleaner count..:)


Put both options on a daily :)
 

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Quote from Mup:

Wave iii came in nicely :)...
We now riding the rails at a possable wave iv giving the option of an early throw over wave v first thing tomorrow....

If we go below 1355 then the count needs adjusting, probably into a completed triangle

5min ES

Looks like it's ALL up to GS!
:D
 
Symmetrical, Ascending, Running Triangle versus Ending Diagonal Triangle.
The former will make to Market move UP to target.
The latter wil make the Market fall sharply.
 
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