Ewj: elliott wave

Quote from ed:

Would you turn bullish above ES 864.25? :D
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Yes things would need to be reconsidered.... Ranging from a morphing into a larger w-x-y or were already in the 5th wave
 
60 Min ES with few options...

Most will see the simple 5 wave option ( in red)

There is also the larger a-b-c pattern ( in blue)

The a-b-c would fit if they want to gun the yesterdays HOD stops (50% fib) before taking it back down...
 

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Its overbalance it corrections so I'm always more biased to label yesterday and today action being part of a larger corrective structure...(B)

If it gets much above the 123.6% ext then I'l jump ship :D

15min ES :D
 

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Market continues to "grind" higher here with an upward bias.

OIH and energy and commodity stocks rallying strongly today . . .

Not a sell program in sight.
:)
 
BUY signals in all three indices :) .
Page 800 :D .
Is there any limit to the size of a thread :confused: ?
Our thread is full of charts which use a lot of memory :eek: .
Edit:
Reverse Head and Shoulders pattern confirmed in SPX and NASDAQ :) . The Dow may follow soon :D .
 
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