Ewj: elliott wave

....if i make a call.... run.... because making calls is not a strong point for me....
.... i just want to learn the percentages from you guys.... and try to contribute something to it of my own....
 
Quote from elovemer:

....if i make a call.... run.... because making calls is not a strong point for me....
.... i just want to learn the percentages from you guys.... and try to contribute something to it of my own....
More...

Great call Elo! You've nailed it this time.... the FED is going to buy commercial paper.....:)
 
Quote from Mup:

Needs to bust its last ALt (+46) @ 1055 to get things really moving.. and elo will be happy as the next ALT would be 1073:)
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Nicely done elo...

Heres that 1073 ALT it needs to close out (also 38.2)... as usual if it carn't we'll be testing the low... If it can then 1117 is the next TA point.

Thanks ed for the feed back, hopfully people are starting to grasp how the ALTs are used like traffic lights :)

240min Globex
 

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Using the old school rule of thumb on ALTS and degree

On a bar chart the count could be w-x-y-xx-z If it can not close out the ALT and 38.2%

The bears need to get it to go below 1044 to confirm their cracking the whip...

240 Globex
 

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..... i consider spy 96.05 to be the top of wave 1 ....
.... so i would love to see it hit that....
.... especially if it could hit it... WITHOUT any intervention from the gov :0)
.... that gap is huge....
Quote from ed:
Great call
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