Ewj: elliott wave

[Mup]

Quote from Mup:
OIH has still not ruled out that ED pattern just yet..
http://www.elitetrader.com/vb/attachment.php?s=&postid=1948560

Still in it
Daily OIH

 

[Landis82]

Quote from Mup:

Still in it
Daily OIH

Wow.
Getting real close to a Major Top, eh?
I can't wait brother!
:eek:

 

[mu200411]

Wave three must not be the shortest wave.
Wave three is shorter than wave one, so wave five should not be longer than wave three .
-70, -7, -14 at open should be a good entry point for today , unless wave three extends .

 

[Mup]

Quote from mu200411
unless wave three extends .

Thats a popular count with the EWI Bears...

 

[Landis82]

Looking pretty ugly here, early on.

 

[mu200411]

Wave three or c, +100, +10, +20 from today low, at resistance level, may be a turning point.

 

[Mup]

Looks like 5 could be finished as it hit 200% ext of wave 1...

120min ES

 

[Mup]

Quote from Mup:

In an ideal world Delta pattern
http://www.elitetrader.com/vb/attachment.php?s=&postid=1960406

Today gets a lot of fib time hits that would fit a MTD point...

 

[mu200411]

Five waves with extended wave three. A good sign .
May be a another measured move of +120, +13, +22 points UP , after a complete a-b-c wave.

 

[Mup]

I'd like to see at least a run on the 38.2% (1356) over the next week or so as it would confirm the delta order....

60min SPX