Ewj: elliott wave

[QuangViet]

ok mup my change get wrong

 

[Mup]

There's no right or wrong counts QuangViet

It could of easily gone higher as part of a larger corrective move...

The big tip off for me that were still in the current wave (3) degree set.. Was it failed to clear its last corrective wave off +32.25 as shown on this mornings chart of the SPX.

http://www.elitetrader.com/vb/attachment.php?s=&postid=1979818

 

[ed]

Mup,

Can you take a look at the 1 year RUT wave count I drew up?

Did I label it correctly?

Thanks!

 

[Mup]

Handy This EW

I wonder if any other Threads managed to get the morning High and the proceeding price action sell off this afternoon..:eek:

 

[ed]

oops... here's the chart.....

 

[Landis82]

Quote from Mup:

Handy This EW

I wonder if any other Threads managed to get the morning High and the proceeding price action sell off this afternoon..:eek:

Would 5=1 at 1230 SPX to finish off the (3)?

A see that a 61.8% of 72.76 ( Wave 1 ) = 44.96

1292.17 - 44.96 =

1247.21

 

[QuangViet]

hi all,


it look like i got failure bullish signal yesterday cause short covering action at the end of day.

today downmove with less volume as yesterday, but not indicate a retracement of bullish view.

so i must correct my fault. revised my view back again same as prior impulse with orange level. Which probably orange iii target around @ 1248

see last daily chart update. SPX roadmap >>>>

have a nice day, good team work here

 

[Landis82]

Remember folks, there was a whole lot of selling going on today in the last 2 hours or so by people that did not want to be around for tomorrow's illiquid shortened session.

 

[Mup]

Quote from Mup
Bears will looking for this new low if its stalls out here..
http://www.elitetrader.com/vb/attachment.php?s=&postid=1980150

Got the new low on 5 waves down
Should bounce from here...

 

[Mup]

OIH is on its way to its natural target area, the start of ED wave i around 187.30...