Ewj: elliott wave

Glad I decided to take the day off after a short weekend trip...

Anyway could easily be still messing around in its ED wave "iv" as part of a w-x-y pattern....
( as long as the 939 area holds it still can be a wave "iv")

Before getting the final move up for the vth to finish off the ED "C" wave

Scribbled on a bigger 60min view , with the larger frame (x-x) flat pattern as the lead...

Most now seem to have the failed ED 5th lead count, so we may as well, be a little more outside the box.. :D

60min ES
 

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The double r-sHs failed.
We don't know where the Market is going because the Market doesn't know where to go either :confused: .

<img src=http://elitetrader.com/vb/attachment.php?s=&postid=2159582 width=800>
 

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...i could not post my downwards one min channel yesterday as it quickly got shifted up on the graph.....
....because it was shifted.......it could not be used as a guideline....

....anyway....here is the resulting channel after being shifted.....
...around 3 o clock.... a new upwards channel took over
 

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....on the daily.... bigger upside target is an upper red trend line.....
....this could coincide with a gap close up there ....
 

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....that spike down at 3am ..... was the last touch of said channel...
...the big one....
...edit...since 843.5 .... that is 34 bars up
Quote from elovemer:
.. as it could go up over the largest hourly downward channel....
 
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