Ewj: elliott wave

[Mup]

Have you got a chart of that Mu you could post ??

In the area of the lesser wave iii target....

5min ES

 

[elovemer]

73.25 is around 161% globex extension

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

 

[ammo]

Quote from elovemer:

wolfe wave which has not hit target yet

... ammo...
...the target is the lower TL

thanks elo

 

[elovemer]

.....this pullback sets us up for 72.75 and globex 161%
... if not ... then maybe in AH... for a sell at the open tomorrow

 

[Landis82]

REMINDER:

Goldman Sachs out with their earnings Tuesday morning at 8:30AM EST.

 

[Mup]

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

 

[Mup]

Quote from Mup

In the area of the lesser wave iii target....
http://www.elitetrader.com/vb/attachment.php?s=&postid=1959468

5min ES

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

 

[Landis82]

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!

 

[mu200411]

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.

 

[mu200411]

This missing chart.