Ewj: elliott wave

...made it to upper channel line...now...
Quote from elovemer:
.......this will be very interesting if we can hit 800 by the close... a true lesson in opex week price action
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Five waves DOWN from the target is not a good omen for the Bulls :eek: .
Symbol Last Change % Change High Low Volume Time
DJIA 8,118.18 +71.76 0.89 8,211.53 8,048.09 56,413,368 9:45 AM
NASDAQ 1,400.57 +16.22 1.17 1,414.43 1,398.33 126,413,379 9:45 AM
SP500 810.76 +10.73 1.34 817.57 801.20 n/a 9:45 AM
Quote from mu200411:11-22-08 11:15 PM

The Market may go onward to 8187, 820, 1414 as expected :D .
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Based on the last ALTs, the targets for SPX and INDU are 839.21 and 8406.35.

Once the numbers are exceeded, then the odds tilt to the upside.... :D

Edit:
So far the volume for the above indexes are very low....

Thanks Mup!
 
Mr Bush is speaking to reporters about 10.35am ET. Let's see what he has to say.... :)

Edit :
Obama consulted on CitiGroup rescue
 
Nice big "double-top" on the 1-minute SPY chart at 84.00

Note: Crude is +$3.00 and Gold is surging which gives the commodity and energy names a nice bid in the market . . . Could be a day to buy "dips" if day-trading.
 
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