Ewj: elliott wave

[Mup]

Measured move on the Globex comes in around 887.5

240min Globex

 

[mu200411]

We are at fifth of fifth of fifth Wave.
Expect a rebound withing 10 minutes .
(Wave FIVE can extend ad infinitum :eek: )

 

[Landis82]

900.00 ES = .618

 

[mu200411]

Wave FIVE is extending ad infinitum :eek: .
The expected rebound is way too late .

 

[Landis82]

The BUY might be heading into today's close, or just after the initial reaction to the Unemployment Numbers due out tomorrow morning . . .

Once again, lots of low volume in many of the stocks I watch . . . Seems like a "Buyers Strike".

 

[mu200411]

Double measured move at Landis's Target .
Edit:
If this does not hold, we may go straight to 8400, 850, 1550 :eek: , more likely as a parabolic curve .

Quote from mu200411:11-06-08 09:34 AM
But for now we may be safe to play the short side of the Market DOWN to 8400, 850, 1550 .
BTW, look out for the resistance trendline break UP :eek: .

 

[elovemer]

....channel update

 

[elovemer]

..on 30 min chart....looks like wave 3 equals wave 5

Quote from mu200411:
Wave FIVE is extending ad infinitum :eek: .
The expected rebound is way too late .

 

[elovemer]

...alt broken...

 

[elovemer]

....possible new channel
...edit... no prob ed :0) ... that is smaller alt...not mup's bigger alt
....edit...not above that smaller alt .... at 909.25....