Ewj: elliott wave

Quote from Landis82:

Anyone care to offer a current "count" on the SPX?

My SPX 90min lean..

As always, could be counting to fast and were still messing about in the lesser (b)... But for now the (c) wave down looks very viable....
 

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That 1:1 that mike hints at will be key :)

If it can hold that the bulls can live for another day, if it carn't then 810 looks the next stop...

ES 15min (1:1 @ 828.5)
 

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Quote from Mup:

My SPX 90min lean..

As always, could be counting to fast and were still messing about in the lesser (b)... But for now the (c) wave down looks very viable....

Mup,

Would the end of this ED mark your 5 of 3 or 5 of 5 or W-X-Y? :)
 
Always like a day off now and again :D

3 of 5 on the main stream counts ed..... It all comes down to that Oct high, if it was an irregular top or not...

Bears will be seeing this set up down to 777 area on the Globex...
 

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Quote from Mup
If it can hold that the bulls can live for another day, if it carn't then 810 looks the next stop...

Now throught that less 1:1 open up the next @ 810.50 area

60min ES
 

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A decent bounce off of 827 SPX.

Should be interesting to see if program selling hits the market with 7-minutes left in the session, as it has the last two consecutive days.

:)
 
Yes very mischious pattern... if it gets above 847 area the then the trade below the 1;1 was a stop run...

Below that 847.5 ALT then a run down is still on

60min ES
 

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