Ewj: elliott wave

That my ALT ed, if it gets back above 881.50 on the Globex, it would mean the iv has morphed into a w-x-y iv with today being the a-b then c waves of the y.

But until it proves otherwise I'm still leaning on todays action being part of the wave V (a-b-c) wave "a" this morings sharp move down and this the "b" wave back up before the "c" back down
 
Thanks for the reply Mup!:)

In any case, iv or c-of-5 would both mean the next move is down, so we're both on the same side...:D :D

Quote from Mup:
the iv has morphed into a w-x-y iv with today being the a-b then c waves of the y.
More...

If I'm not a EW counter, I'd probably think you were swearing some @#$%^ at me above....
:p :D
 
:D
Elliott speak does seem to get peoples backs up from time to time for some reason....must be obsinities to the indicator crew :D

On it last chance ALT -10.5 at the 865.25 area...

Once that goes then the bulls should bail......

5min ES
 

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Hmmm they deffended the 50% well...

Might have to change on to the triangle Y option

Either way that 78.6% around 872 will worth watching above that then it try for c's high.

15min ES
 

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