Ewj: elliott wave

Do still like the look of that ED option....

The Delta could of had a double inverson which would give this count as the lead... ( just needs to show its hand after the inverson window)

It does bother me a little that everyone has the wave 4 ( best santa could hope for rally ) count..

Might be just my counting bias towards ED's :eek:

If it starts overbalancing that 1:1 @ 850 area then the stanta wave 4 option will have a serious problem... While it holds the 1:1 they still have a chance of it...

Anyway 90min SPX :)
 

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Quote from elovemer:

.....a penetration of yesterday's low... would be marvelous....
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Jolly splendid indeed :D

870 area is the lesser 1:1 on the larger time frame..

Put the least bearish w-x-y option on for a change :)
Could turn into yet another ED "c" wave to finish of the "y"

240min Globex
 

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...some guy figured out the sequence nature uses to be most efficient....
....turns out the market is part of nature... and is very efficient at taking people's money.....
Quote from Derrick1983:
Can someone explain in brief “Elliot wave” and how it helps?
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