Ewj: elliott wave
- Thread starter mu200411
- Start date
Quote from Mup:
Another good bounce call Mike
Feels like an "e" wave of an annoying flagging pattern...?? e waves can stall out at any of the higher fibs (78.6-88.6-94.1) ..just have to watch out around these just incase
30min ES
Thanks Mup.
Trust me, I am not overstaying my welcome here . . . I think the "e" wave count is SPOT on!
Just spiked to 861.11 SPX and backed-off.
As in index arb elo ?
Used to keep an eye on Prem/Eprem + OEX but not as much these days since alot of the big "Boxes" have gone bang..
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looks like the HOD stops and the the 1:1 looks more tempting ...up at 874.5 going into the close
.... no i was thinking more along the lines of .....
.... monitoring program trading...... using indicators or any other techniques....
..... the evidence of program trading is too important to ignore i think....
.....thanks for any tips....
...edit.... maybe with the purpose of improving my timing analysis.....
.... monitoring program trading...... using indicators or any other techniques....
..... the evidence of program trading is too important to ignore i think....
.....thanks for any tips....
...edit.... maybe with the purpose of improving my timing analysis.....
Most of the money that gets put to work ( or pulled out of the market ) is done by program trading. It's simply a way for mutual funds and hedge-funds to buy/sell large baskets of stock.
It is a "method". Thus, there is no indicator for this.
Either the Fund has a broker act as an "agency" and simply executes the order in the open market, or the Fund has the broker act as a "principal" and the broker takes the other side of the order ( while filling the customer thereby facilitating the order ) and then plays hot potato with it and unwinds the stock positions over the course of the next several minutes or uses futures to "hedge" the stock that they took "on" from their customer.
