Ewj: elliott wave

[Mup]

They'll crack the whip now for a new low.....

Seems the turns come early

 

[ericmoles]

Could it be Irene's bed time?

 

[Landis82]

IBM re-affirmed guidance and is +$3.10 holding the Dow up even more than it really is.

 

[Mup]

The patterns bothering me a little for a full good night irene move...

Feels more like like an elongated c at the moment....Might be just me though biased against a 1,2 i,ii count :eek:

 

[ed]

Quote from Mup:

The patterns bothering me a little for a full good night irene move...

Feels more like like an elongated c at the moment....Might be just me though :eek:

Not just you.... It feels like a bear trap to me... VIX is too calm!

 

[Illum]

Wow I got shook out, I need a lollipop, Im a sucker That was such a terrible trading day for me, I feel dizzy

 

[Mup]

No reason to go against the Momentum though its down on all 3 frames.....

It's been some what of a nuisance of a day for my read....
somedays the market plays familiar music you recognize and hmmm along with.. Other days its more like an out of tune din, where you just don't tune in.....

Its all down to the listener

Thats when Momentum bots earn their keep.... :eek:

 

[Mup]

That elongated "c" option....

The +8 Alt back up is one to key an eye on....

 

[Landis82]

Really tanking near near the close.
Gonna be pressing Monday's closing low in the DJIA if this keeps up.

 

[Landis82]

.618 of Wave 1 targets 739 SPX.

1:1 equality will target 713.