Ewj: elliott wave

.....sorry... i mean morning slot friday... not monday....
Quote from elovemer:
....if new lows today.... then will be watching morning time slot on monday....
.... have wave 2 bottom at spy 79.38
 
Isn't tomorrow a possible Gann date?

Seems like no one wants to make a committment to this market until they see how that auction goes on Friday regarding the Lehman Credit Default Swaps.
 
144 cally days & the 6 year anniversary from the 02 low on the 10th Oct (2192 days) to name a few..

As Mike points out for the Gann* fans :D

Looking better for us intraday bears :)

*Gann like solar degree time counts for anniversary dates.

If you count by solar then the key count of 2160 was yesterday on the 8th....
 
Too bad, the resistance trendline holded :( , with five wave DOWN.
We may be in Wave 3)5.1:1 .
Expect DOWN wave equal to Wave 3)3 or Wave 3)1 :eek: .
If this count is correct next rebounds should be short.
 

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