Ewj: elliott wave
- Thread starter mu200411
- Start date
Quote from ed
I wonder where is Mup now
SPX 30min
Enjoying his winter break
Good to see you guys are doing a splendid job on here...
Any thoughts on this move down from the 6th of Jan being part of a D wave of a running triangle pattern ??
Oh today 55 cally days from the 21st Nov low...
Quote from Mup:
Enjoying his winter break
Good to see you guys are doing a splendid job on here...
Any thoughts on this move down from the 6th of Jan being part of a D wave of a running triangle pattern ??
Oh today 55 cally days from the 21st Nov low...
Welcome back Mup!
Your ALTs helped us stay on the right side of the market and nailed this 12.30pm EST upward turn. Thanks!
Yes, the running triangle was one of my possible counts but I thought whether it was a wave (4) flat or start of (5) down or triangle, the direction was still down. So I just rode along and observed your "traffic lights". No jaywalking!
55 days? Hmmm.... you sure knew when to time your break and come back huh?
It good to see you making use of the ALts & "irene" ))
By using the ALTs and 1:1s we don't really need to have a running EW count all the time when things are not clear..
The Alts and 1:1's will always tells us which side of the market we should be on...:wink: ( delta helps too) :eek:)
Not back in the office for another few weeks yet... Just popped in on the 55 days to see whats going on.
Hope everyone had a great hoilday season btw !
))By using the ALTs and 1:1s we don't really need to have a running EW count all the time when things are not clear..
The Alts and 1:1's will always tells us which side of the market we should be on...:wink: ( delta helps too) :eek:
)Not back in the office for another few weeks yet... Just popped in on the 55 days to see whats going on.
Hope everyone had a great hoilday season btw !
Just retraced 38.2% of the rally in the SPX at the 838 level, and broke that level!
Eyeballing the SPX, I get:
50% = 834.30
61.8% = 830
____________________
NOTE: A RECORD -$148 BILLION came out of mutual funds during the month of December, so says Charles Bidermann of Market Trim-Tabs!
Eyeballing the SPX, I get:
50% = 834.30
61.8% = 830
____________________
NOTE: A RECORD -$148 BILLION came out of mutual funds during the month of December, so says Charles Bidermann of Market Trim-Tabs!
Quote from mu200411:
Five waves UP
Bad Sign for the Bears. Be-aware of a Bear Trap :eek: .
That was a very nice early warning too
BTW, what time zone does your SPX chart use? It appears 5 hours earlier than the Eastern Time. Our post time on this web site is also about 4 hours earlier than the Eastern Time. Are you Europeans trading our S&P?
Thanks you Ed, Landis, blnbr;
Dukascopy is in Swiss, can be download from anywhere .
mu.
So it was the last Sell Signal and a 27% Bear Trap followed.
There may be another measured move UP to a bigger Bear Trap at 868.36 .
Dukascopy is in Swiss, can be download from anywhere
.mu.
So it was the last Sell Signal and a 27% Bear Trap followed.
There may be another measured move UP to a bigger Bear Trap at 868.36
.Quote from mu200411:
This may be the last Sell Signal before a 23.6% or 38.2% rebound
We are waiting for Wave 5)1.1:5v.v:v.
Be-aware of a Bear Trap :eek: .