L Landis82 Jul 8, 2008 #2,771 If yet another a-b-c (IV) the first leg up was 16.5 points. This will identify a target for "c" at: 1272.17 ( 1.382 x a ) 1274.12 ( 1.500 x a ) 1276.06 ( 1.618 x a )
If yet another a-b-c (IV) the first leg up was 16.5 points. This will identify a target for "c" at: 1272.17 ( 1.382 x a ) 1274.12 ( 1.500 x a ) 1276.06 ( 1.618 x a )
E ed Jul 9, 2008 #2,772 Quote from Landis82: If yet another a-b-c (IV) the first leg up was 16.5 points. This will identify a target for "c" at: 1272.17 ( 1.382 x a ) 1274.12 ( 1.500 x a ) 1276.06 ( 1.618 x a ) More... Quite rare for a-b-c in wave 4. Would be looking for a triangle or flat, but not completely ruling out the a-b-c though....
Quote from Landis82: If yet another a-b-c (IV) the first leg up was 16.5 points. This will identify a target for "c" at: 1272.17 ( 1.382 x a ) 1274.12 ( 1.500 x a ) 1276.06 ( 1.618 x a ) More... Quite rare for a-b-c in wave 4. Would be looking for a triangle or flat, but not completely ruling out the a-b-c though....
M Mup Jul 9, 2008 #2,773 60min SPX... Done the a-b, now in the final part of the wave iii of C wave....Then we need the wave iv & v to finish this wave set. Attachments pw223259-34.png pw223259-34.png 49.3 KB · Views: 100
60min SPX... Done the a-b, now in the final part of the wave iii of C wave....Then we need the wave iv & v to finish this wave set.
M Mup Jul 9, 2008 #2,774 15min ES.... As Mike points out that 161.8% ext will catch peoples attention... Attachments pw223259-35.png pw223259-35.png 42.6 KB · Views: 103
M Mup Jul 9, 2008 #2,776 Not Techincal at all these markets 161.8% for a wave 3 now in a 4...1268 is the 38.2% as a first possable support area... 15min ES Thanks ammo Attachments pw223259-36.png pw223259-36.png 43.7 KB · Views: 101
Not Techincal at all these markets 161.8% for a wave 3 now in a 4...1268 is the 38.2% as a first possable support area... 15min ES Thanks ammo
M mu200411 Jul 9, 2008 #2,777 Measured move with an ascending wedge :eek: . Is it an a-b-c after the profitable trendline break? What's next?
Measured move with an ascending wedge :eek: . Is it an a-b-c after the profitable trendline break? What's next?
M Mup Jul 9, 2008 #2,778 Well its now overbalanced its last Alt of -10.75... Thats a warning flag, the mainstream counters will still have this move down as a wave 4... However we like to be outside the box on this thread, so an ED C wave is now a strong option... 15min ES Attachments pw223259-38.png pw223259-38.png 47.3 KB · Views: 95
Well its now overbalanced its last Alt of -10.75... Thats a warning flag, the mainstream counters will still have this move down as a wave 4... However we like to be outside the box on this thread, so an ED C wave is now a strong option... 15min ES
M mu200411 Jul 9, 2008 #2,779 New low, break support. Looks like wave three which should be longer than wave one . If not the Bulls may regain some hope .
New low, break support. Looks like wave three which should be longer than wave one . If not the Bulls may regain some hope .
E ed Jul 9, 2008 #2,780 Somehow that drop since noon feels very odd to me..... could it be a b wave of a wave 4 flat taking shape?
Somehow that drop since noon feels very odd to me..... could it be a b wave of a wave 4 flat taking shape?
. If not the Bulls may regain some hope