Ewj: elliott wave

Thanks Mike!

And they keep telling us the market is not Techincal!
its all nonsence... :D

Enjoyed today after my week off...

I'm tempted to do a 1,2 of the 61.8% on the Globex 240min...

Upto Apple to confirm a if we get a wave 3 down or not ..... (The Alt is a w-x-y flat with this leg down being part of the y)
 

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I'm tempted to do a 1,2 of the 61.8% on the Globex 240min...

Looking better this morning :)

Needs to get a bit sharper to confirm a 3 , otherwise were still in the corrective mess...
 

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Minimun target reached :cool: .
May rebound from supporting trendline :) .
Quote from mu200411:

Yesterday resistance trendline crossing, UP, was a good Buy signal as expected :) .
Today -500, -60, -100 DOWN then , may be tomorrow, +250, +30, +50 UP will complete the Triangular Correction :D .
More...
 
Agree Mu with 61.8% being hit at 911 on the SPX could very well get some interest from keen bulls

As long as any bounce back doesn't exceed the last alt of +30 then the bears are still incontrol on the next degree up and we should go lower.
 
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