Ewj: elliott wave

[ammo]

there are monthly tl' at 1235 and 1222,below there is one at 1178

 

[ed]

If the SPX still doesn't start to move up, then "wave 3" of the C wave may become an invalid count as it would become the shortest....

SPX breaks below 1221.76 and I'll just be watching from aside.....

 

[elovemer]

colors...

 

[Mup]

1182 is a natrual target on the Globex

120min ES

 

[Mup]

First test area the 1223-25

New lows if it carn't clear...

5min ES

 

[mu200411]

Fift wave of Wave C again . Wait for rebound .

 

[Landis82]

Quote from Mup:

1182 is a natrual target on the Globex

120min ES

I would tend to agree.

 

[mu200411]

There may be no rebound :eek: , if this slow motion fall does not stop at the next new low (the last fifth subwave of wave c) .
Elliott's 2012 comes four years too early.
Debate fires up
Paulson, Bernanke: Immediate action needed on $700B plan to prevent meltdown.
By Chris Isidore, CNNMoney.com senior writer
Last Updated: September 23, 2008: 2:15 PM ET
http://money.cnn.com/2008/09/23/news/economy/bailout_hearing/index.htm

 

[elovemer]

....possible weakness in first hour

 

[elovemer]

....nice one

Quote from Mup:
1182 is a natrual target on the Globex
120min ES