Ewj: elliott wave

[elovemer]

.... possible weakness to begin timewise......
...on wednesday....

...chart of possible wave count on 4 hour chart....
.... wave 3 up ... needs to be confirmed today and tomorrow....
... this is a bullish count until wednesday

....otherwise....tank

Quote from elovemer:
.... forget this time calc... i have to revise this

 

[QuangViet]

Quote from QuangViet:

hi all,
on intraday i have down chanel wxyxxz, which give target to 1230-35 again for ES, that why i when short @ 1263

ES: it must be impulsive orange c, which probably end @ pink b
S & P 500 >>>
S & P NIFTY India formt also same correction
S & P NIFTY 50 Sentiment EOD and Intraday Futures >>>

Eurusd, Crude Oil and Gold also move as expected
WTI Crude Oil Near Term Outlook >>>
EURUSD Near Term Outlook >>>
Gold Spot Near Term Outlook >>>

 

[ed]

Quote from QuangViet:

ES: it must be impulsive orange c, which probably end @ pink b

Quangviet,

While I still do not fully understand your charts and the bull-bear sentiments, I am impressed by your consistency in anticipating directional changes. Keep it up!

 

[mu200411]

Fall out of the trading range :eek: .
Bad sign for the Bulls .

 

[Landis82]

Crude breaking $120.
Copper getting crushed.
Cocoa getting hit.

Commodities under big pressure even though the dollar is once again lower.

 

[Landis82]

Another A-B-C on the SPY 5-minute chart targeting 126.20

 

[Landis82]

Quote from Landis82:

Another A-B-C on the SPY 5-minute chart targeting 126.20

Missed by 6 cents.
Now crashing.
:eek:

 

[mu200411]

Five waves down and three waves up.
Next is five waves down again :eek: .
The last completed five waves series is infact a third way. If the big three wave is a zigzag type II (c < a), then next five waves may be up.
Confusing, isn't it?

 

[mu200411]

Futures UP.
The last four days movement may be a double zigzag because all the three up waves are of same size.

 

[Xuanxue]

Quote from mu200411:

Futures UP.
The last four days movement may be a double zigzag because all the three up waves are of same size.

The 240 minute clearly shows a double zig-zag working on the B wave now, it would appear. I hope we're wrong because a C wave would mean a failed 5th with all of that resistance, and a busted up baseline.

The A wave may just fail into, whatever bear impulse, seeing that ES 1259.25 (55 EMA) is trying to push prices down. It seems pretty strong resistance; then, I've seen volume on balance constantly test it varying little in range. A breakout seems inevitable, but will it be a bull trap?

Stay tuned.