Ewj: elliott wave
- Thread starter mu200411
- Start date
Quote from mu200411:
The 1-2-3 could be count as a-b-c.
The wave five failure should have five subwaves, there is not enough data to make a decision.
If wave a had five subwaves, wave b may be incomplete.
If wave a had three subwaves, and wave c = wave a, wave a-b-c may be to long.
So wave b may be incomplete.
Hi Mu, Thanks a lot for answering both of my posts.
On the Euro daily chart, you said: If wave a had five subwaves, wave b may be incomplete.
Could you tell me what "wave b may be incomplete" means, when you have a chance?
Thanks.
Eddie
blnbr,
Sorry, this is wrong:
If wave a had five subwaves, wave b may be incomplete.
If wave a had three subwaves, and wave c = wave a, wave a-b-c may be to long.
Shoud be:
If wave a had three subwaves, wave b may be incomplete.
If wave a had five subwaves, and wave c = wave a, wave a-b-c may be to long.
My reasoning: which is not always right
.
If Wave a had three subwaves the correction should be an irregular, a flat or a triangular correction which need a bigger wave b.
If Wave a had five subwaves the correction should be a zigzag. If wave c= wave a then wave a-b-c would be more than .618 of wave 1-2-3-4-5.
mu.
Sorry, this is wrong:
If wave a had five subwaves, wave b may be incomplete.
If wave a had three subwaves, and wave c = wave a, wave a-b-c may be to long.
Shoud be:
If wave a had three subwaves, wave b may be incomplete.
If wave a had five subwaves, and wave c = wave a, wave a-b-c may be to long.
My reasoning: which is not always right
.If Wave a had three subwaves the correction should be an irregular, a flat or a triangular correction which need a bigger wave b.
If Wave a had five subwaves the correction should be a zigzag. If wave c= wave a then wave a-b-c would be more than .618 of wave 1-2-3-4-5.
mu.
The Market is slower as expected .
There may a measured move UP or DOWN from here .
--------------------------------------------------------------------------------
Posted by mu200411 on 12-10-08 11:19 AM:
The Market retreated, after surging 21% in 2 1/2 weeks, by a 1/2 weeks complex correction because it needed some delay to fulfil the two-months requirement .
From now on the UPWARD pace may be slower .
Expect another big MM, 21%, in 2 1/2 weeks ,
another 1/2 weeks complex correction ,
and another big MM, 21% in another 2 1/2 weeks .
--------------------------------------------------------------------------------
.There may a measured move UP or DOWN from here
.--------------------------------------------------------------------------------
Posted by mu200411 on 12-10-08 11:19 AM:
The Market retreated, after surging 21% in 2 1/2 weeks, by a 1/2 weeks complex correction because it needed some delay to fulfil the two-months requirement .
From now on the UPWARD pace may be slower .
Expect another big MM, 21%, in 2 1/2 weeks ,
another 1/2 weeks complex correction ,
and another big MM, 21% in another 2 1/2 weeks .
--------------------------------------------------------------------------------
Thanks Mu. Will look at the chart with that.
Quote from mu200411:
Shoud be:
If wave a had three subwaves, wave b may be incomplete.
If wave a had five subwaves, and wave c = wave a, wave a-b-c may be to long.
My reasoning: which is not always right
If Wave a had three subwaves the correction should be an irregular, a flat or a triangular correction which need a bigger wave b.
If Wave a had five subwaves the correction should be a zigzag. If wave c= wave a then wave a-b-c would be more than .618 of wave 1-2-3-4-5.
mu.
The news confirmed Landis' remark 
.
Dow ends down 1.6% as investors fret the loss of another 524,000 jobs in December.
By Alexandra Twin, CNNMoney.com senior writer
Last Updated: January 9, 2009: 6:28 PM ET
NEW YORK (CNNMoney.com) -- Stocks slumped Friday afternoon after a government report showed another big monthly drop in payrolls, resulting in the biggest annual job loss since just after World War II.
http://money.cnn.com/2009/01/09/markets/markets_newyork/index.htm
The Close = 890.35 proved Landis' "61.8% comes thru around 890 SPX" correct .
The Close above 50sma = 888.75 would be nice for elovemer .
The "W" pattern was in fact an a-b-c which may be part of a complete ED. Note the measured move. :eek: .
May be time to cover the SHORT .
Where is Mup
.
.Stocks knocked by jobs reportQuote from Landis82:01-07-09 10:38 PM
..... Market probably not too happy looking forward to a lousy unemployment number on Friday, either.
Stay nimble folks!
Dow ends down 1.6% as investors fret the loss of another 524,000 jobs in December.
By Alexandra Twin, CNNMoney.com senior writer
Last Updated: January 9, 2009: 6:28 PM ET
NEW YORK (CNNMoney.com) -- Stocks slumped Friday afternoon after a government report showed another big monthly drop in payrolls, resulting in the biggest annual job loss since just after World War II.
http://money.cnn.com/2009/01/09/markets/markets_newyork/index.htm
The Close = 890.35 proved Landis' "61.8% comes thru around 890 SPX" correct
.The Close above 50sma = 888.75 would be nice for elovemer
.The "W" pattern was in fact an a-b-c which may be part of a complete ED. Note the measured move. :eek: .
May be time to cover the SHORT
.Where is Mup
.Quote from mu200411:01-09-09 07:22 PM
Fractal wave patterns and "W" pattern point to a measured move UP
If the "W" pattern is an a-b-c, there may be a big measured move DOWN as Landis said