Ewj: elliott wave

[Mup]

Got the delta bounce

Its into its 61.% % which is a classic wave 2 target after a leading Diag wave 1....

Has to clear that 61.8% otherwise its test new lows time...

 

[Mup]

Neely is good for ratio work eric...

He took 10 years to write his book & its always worth a read due to the effort put in...

I don't use his neo-wave or count styles but I respect the indepth work he's done...

 

[Mup]

Quote from Mup
Got the delta bounce
Its into its 61.% % which is a classic wave 2 target after a leading Diag wave 1....
Has to clear that 61.8% otherwise its test new lows time... http://www.elitetrader.com/vb/attachment.php?s=&postid=2310700

Markets Not techical at all :eek:

New low off that 61.8% with HP helping matters )

 

[blnbr]

Speaking of Neely, he has developed a new theory in the recent years _ the "Neely River Theory".

http://tradinglib.com/education/neely-river-theory

(I just found the article from the internet, so I know very little about the theory).

 

[elovemer]

.... 6 more cash hours could provide a bounce......

 

[elovemer]

uso
127%

 

[Mup]

Bears will be seeing a wave 4 around the 38.2% area

120min Globex

 

[Mup]

Triangle bulls will be hoping for something more of a classic 78.6% "d" wave leg on the SPX....

120min SPX

 

[Mup]

Is cable on its way back down to 1.36 area....

GBP #F 240min

 

[ed]

Quote from Mup:

Bears will be seeing a wave 4 around the 38.2% area

120min Globex

http://www.elitetrader.com/vb/attachment.php?postid=2311907

Quote from Mup:

Triangle bulls will be hoping for something more of a classic 78.6% "d" wave leg on the SPX....

120min SPX

http://www.elitetrader.com/vb/attachment.php?postid=2311912

Thanks Mup, I was just about to draw my charts when I saw you have already made these 2 posts.....

How about being a little greedy for the best of both worlds?

Let the bears push it down to ~764.14 (88.6%) and then the "D" wave kick-in and fly me to the moon......