Ewj: elliott wave

:)
...ammo... no punches have been thrown by anyone.... myself or anyone else
.... my ignore list eats all posters with a personal aim rather than a market aim (this is not a punch)
....onward... shall we ? :) ... my mistake for responding in the first place

...nice call Mu..... exactly the thing that drew me to this thread in the first place..... a steady focus on the market

..... for those who feel that their wave count is THE wave count.... go tell it on the mountain... :0)
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...Mu....
Please stay focus on the Market , be open-minded and avoid criticism .
Or else this thread will be like many other threads
 
Quote from QuangViet:

i see ES strong resistance at 1268 then 1278. Time for take profit for swing long. And try to go short bet on pullback.
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Hi all, all indices still in expected rebound in upward correction in long term bearmarket. However SPX may retrace a bit more around 1235 plus minus or so, see my intraday SP Futures chart.

Market talk will likely center on Friday's employment report this week.

No selling pressure sees


S & P 500 Sentiment EOD>>>

Dow Sentiment EOD >>>

OEX 100 Sentiment EOD >>>

Nasdaq Sentiment EOD >>>

Good luck and good trade
 
I see an awful lot of "overlap" in the SPX chart, and because of that I can't even begin to entertain the idea that there have been any 1,2,3, 4's on the chart.
 
Quote from Landis82:

I see an awful lot of "overlap" in the SPX chart, and because of that I can't even begin to entertain the idea that there have been any 1,2,3, 4's on the chart.
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I'm inclined to agree at this point, if indeed you're even able to read this.:confused:

Judging by the explosiveness to the downside, the fact that every corner and at every weak retrace was met with "DENIED", I fancy the rally attempt was a correction and we're in another bear impulse; which, I'll leave for you guys to decide the number.
 
There is no Bull Trap because the resistance trendline is intact.
Sell signal is the support trendline break down.
My wave V was too short so it is not complete.

Next -50,-5,-10 points down will be a measured move in the Dow and NASDAQ, but not SPX.
So what :confused: ?
There may be a dim hope of a small rebound there :( .
 
35 ES would be 61.8% of 1200. There are however 1 stock rising for every 4 falling, and that's with like 4 traders in the world trading. lol It'll take a failed bounce to get this off the ground in volume. Yeah? Then, if so, it won't look much like and ABC in a 240 minute anymore. So..
 
Seems like it has been a downward ABC in most of the indexes since July 24th.

The downmove is nearing its completion and I believe a strong upmove should come very soon....:D
 

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Different count to sg_ccw's :( , but same conclusion :) .
Irregular correction might have been completed but it took longer time than expected, so I up the count one degree.
Next measured move up to arround 12000, 1300, 2420 :D .
But what will drive the Market up :confused: ?
No magic bullet left for BBP :eek: .
 

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