Ewj: elliott wave

[mu200411]

2nd Sell Signal for today :eek: .
4th Sell Signal will confirm the large "M"oribund pattern .

 

[blnbr]

Quote from mu200411:

2nd Sell Signal for today :eek: .
4th Sell Signal will confirm the large "M"oribund pattern .

Good morning Mu.

I bot a small position SPY PUT earlier this morning. It seems working.

 

[mu200411]

Good luck blnbr,
mu.
Third Sell Signal .
Wait for Fourth Sell Signal .

 

[blnbr]

Quote from mu200411:

Good luck blnbr,
mu.
Third Sell Signal .
Wait for Fourth Sell Signal .

The SPX just broke an intraday Double Bottom 3 minutes ago (from the conventional TA view). Will look at it from the EW angle

 

[Landis82]

I'm back at my desk guys, but not paying too much attention as I am working on taxes and year end stuff.

Hope everyone is having a great Holiday Season!

 

[elovemer]

.... but could be...
... green could be 1 equals 5

Quote from elovemer:
not

 

[mu200411]

The fourth Sell Signal turned out to be a Bear Trap .

 

[mu200411]

This rebound may be Wave 4)b.b: or 4)c .
The former needs a new low, the "M" target .

 

[blnbr]

Quote from mu200411:

The fourth Sell Signal turned out to be a Bear Trap .

Hi Mu, Were the sell signals on your chart generated by a computer EW program? Thanks.

 

[mu200411]

blnbr,
Lower low = sell signal.
Higher high = buy signal.
mu.