Ewj: elliott wave
- Thread starter mu200411
- Start date
When an EWer says he doesn't know where the Market is going,
it means the Market doesn't know where the Market is going either
.
When the Market knows it has gone in a wrong direction, it turns back and create a Bull or Bear Trap
.
If the Market shares ed's feeling, the last break out may turn into a second Bull Trap
.
Monday's low may turn out to be a second Bear Trap :eek: .
This may be an EXPANDING TRIANGLE
.
it means the Market doesn't know where the Market is going either
.When the Market knows it has gone in a wrong direction, it turns back and create a Bull or Bear Trap
.If the Market shares ed's feeling, the last break out may turn into a second Bull Trap
.Monday's low may turn out to be a second Bear Trap :eek: .
This may be an EXPANDING TRIANGLE
.Quote from mu200411:11-08-08 02:09 AM
But becomed locked up in a distribution/accumulation triangle.
Don't know which way will the break out be
Quote from ed:11-08-08 03:07 AM
Could be a bear trap instead?
Quote from Landis82:
About to complete small iv of Wave (3) ( with a push higher on Monday to complete small v ) before yet another move to new lows . . . or will this Wave 4 become more complex and get strung out in time?
FYI: November/December is historically speaking . . . very strong seasonally!
http://www.elitetrader.com/vb/attachment.php?s=&postid=2155169
700 PAGES GUYS!!!
That triple is still my favoured lean.....
Daily SPX
Quote from Mup:
Looks like it elo,
Speaking of ED's ...
This would drive people nuts on daily SPX time frame...
Bit more outside the box....
http://www.elitetrader.com/vb/attachment.php?s=&postid=2163828
An ED (C) wave....
Still like that ED option as not many will have it....
But at the moment the Delta hints at this count being the Alternate rather than the lead....