Ewj: elliott wave

[mu200411]

Subwave four of wave three or wave c after a move near measured move. The action after wave five is crucial. A small correction with new high will be good for the Bulls. A deep correction below wave one or wave a will be a bad omen.

 

[Mup]

Uber Bulls will be looking towards an extended (C) wave....

15min SPX

 

[Mup]

No change in rates.....

Quote from Mup:
Uber Bulls will be looking towards an extended (C) wave....
http://www.elitetrader.com/vb/attachment.php?s=&postid=1971315 15min SPX

off into the 3rd..?

 

[Mup]

The Bear option .....Have to watch out for this possablity

LD A or 1

 

[Mup]

ES 15min ?

 

[osorico]

Quote from Mup:

ES 15min ?

Looks correct to me. 1335.00 of course negates. Expanded trade range as expected. Tight stops at your own peril.

Osorico

 

[Mup]

hmm maybe not....

 

[osorico]

Quote from Mup:

hmm maybe not....

oops. Guess not... The DAILY overthrow.

Damn them overthrows.

 

[Mup]

We got the turn just we were "one degree out" on the wave pattern of either an LD or a triangle pattern...

15min ES

 

[Mup]

On that ES chart I put the Alt count in blue as a wave 4 at todays high...

This is that wave 4 (iv) count on the SPX 60min to give a bigger view of the possable pattern... This count has more of the "right look" about it...?