Ewj: elliott wave

[elovemer]

daily trying to hold above yellow line

 

[Landis82]

The latest count from Corey Rosenblum of "Afraid to Trade":

Feb. 2nd, 2009

http://blog.afraidtotrade.com/

(scroll all the way down to the bottom of page).

 

[mu200411]

The Bulls failed at 61.8% retracement .
Note Interestiong fibonacci ratios .

 

[mu200411]

So it was a 1-2-3-4-5 followed by a fall as Wave 4)c.2:a-:b-:c .
There may be another 1-2-3-4-5 UP .

Quote from mu200411:02-04-09 11:47 PM

There are 3 five-waves series .
This may be a 1-2-3-4-5 followed by a fall to wave :4 ,
or 1-2-1-2-3-4 followed by another five-waves UP .

 

[mu200411]

Two 5-waves series that looked impulsive.
Edit:
The third 5-waves is unfolding .

 

[Mup]

Still like to see that e wave option ....

(from last weeks idealised pattern but gives the general idea)

http://www.elitetrader.com/vb/attachment.php?s=&postid=2276204

 

[ed]

Just a possibility.....

SPX 5min

Edit:
Busted way above...

 

[blnbr]

Quote from Mup:

Still like to see that e wave option ....

(from last weeks idealised pattern but gives the general idea)

http://www.elitetrader.com/vb/attachment.php?s=&postid=2276204

I agree, it could be a good one.

 

[Mup]

Hi blnbr

Most EW'ers have that Move into that November Low as a lesser wave 5 of (iii)....

I have difficulty with that option , due to the wave structure looking more of a 3 wave pattern going into the low...? I keep seeing forced counts that "allow" some overlap of wave 4 in to wave 1, so people can "fit" a lesser 5 wave count...

Even if you allow overlap ( personnally I don't) You carn't really curve fit the Alts though ....

 

[ed]

Quote from Mup:

Still like to see that e wave option ....

(from last weeks idealised pattern but gives the general idea)

http://www.elitetrader.com/vb/attachment.php?s=&postid=2276204

Inspired by Mup......

1:1

SPX daily