Ewj: elliott wave

[elovemer]

....nice one mup !! :0)
...edit....one min looks like HS to 800

...edit... got it....

Quote from Mup:
Got there
Not Technical at all.... :eek:

 

[Mup]

Thanks elo...

Its a good example of those (1:1) measured moves again..

ATL back up comes in around 818.5... Below that ALT business as usual for the bears .... Above then things are changing...

60min ES

 

[elovemer]

one min
HS pattern
...edit...812 next stop on this pattern

 

[elovemer]

...solid blue....
...possible one min channel
...edit...if it can hit that 812 ...then should consolidate for a long time if it wants more up

 

[ed]

Mup,

Good call on the ES 775!

My charts are a mess, but it seems like the ED iv is taking shape with this upmove now....

 

[mu200411]

Next MM may send the Market down to 770.

 

[Mup]

Thanks ed... !

Just about to post that Measured move into the ALT ...

Mu has it covered.....

So a closer look on the 5min ES

 

[elovemer]

11.05 am
12.03 pm
...edit...only reached 3/4 of the way to the bottom of the 30 min channel
...edit...cash alt at 809
...edit ...818.5 measured
....stopped at 50% line of 30 min channel

 

[Landis82]

Bipartisan "bail-out" agreement reached for the auto manufacturers. Money must be coming from the Energy bill.

Press conference at 2PM Eastern.
Putting a bid under the market now.

 

[elovemer]

127% sell target on W
....edit...does not have to be 127
... can also be 161% sell
...i have 822 as 127%
...edit.... 809 cash alt not held