Ewj: elliott wave

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Quote from Mup:

if it finds support around its 61.8% @ 813/814 area (ES) then its more likely to be a lesser b wave pull back from the alt..

5min ES

Mup,

You mentioned that the ES AH (after hours) and normal hours are totally different beasts. So should we also be ignoring the 14.25 ALT registered on Fri morning... I think at about 8am ET?

 

[Mup]

Not at all, when you get different wave stuctures converging its a stronger techinical pressure point the market has to deal with....

That Globex ALT on the 60min all session...

 

[ed]

Thanks Mup!

 

[Mup]

Both the ES and Globex both jump to the same beat which is time.. They have different wave stuctures inorder to deal with the passage of time. :wink:

As the old saying goes..... Fibs lead, the waves just follow

 

[mu200411]

This morning's low, Mup's 813 target, was not a good place to sell, as expected .
Five waves UP, three waves DOWN and five waves UP .
What's next ?

 

[blnbr]

Thanks Mu and Mup, It seems many EW followers believe Neely has improved the counting methods and forecasting accuracy. I bot his book recently and start working on it. I also learned that it’s a heavy reading book. I’ll see.

Mup's 813 looked good.

 

[mu200411]

A higher high .
Some more room to go. May be two more small measured move of five-waves .

 

[elovemer]

daily

 

[elovemer]

60min

Quote from elovemer:
daily

 

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Elo

Thank you so much for sharing the system counts!