Ewj: elliott wave

Quote from Mup:

3 cracks at that 61.8% now....

Either $&*% or get off the can springs to mind...
:D
More...

Comes down to 740.71 SPX and then goes through yet another 6 handle "rip" job to the upside!

The market is indeed "absorbing" an awful lot of bad news today. That, no one can deny.

:)
 
Quote from Landis82:

Comes down to 740.71 SPX and then goes through yet another 6 handle "rip" job to the upside!

The market is indeed "absorbing" an awful lot of bad news today. That, no one can deny.

:)
More...

Trying to trade currencies from ES and got 8 pips of slippage on Eur/jpy only to get stopped out at b/e -spread after that bounce, lol

Indeed, this is a resilient market. It's rough.
 
Quote from Mup:

They don't want to give this up do they...

755 could be on if that 752 is over come
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If we can get past 49 we're going into the 60s, if not, another dreadful bleed lower.
 
Looks like the "diagonal" view has been eliminated with the last move down on the GE dividend news . . . How about a double three anyone?

a-b-c-x- and another a-b-c back up?

I'm confused.

But the stocks that I am watching/trading are not. They have had a "bid" in them ever since 10AM this morning.
:)
 
Mup, they sure did "test" that 7195 area in the Dow Jones. Below 7120, I think that this thing could really "roll-over", but what the hell do I know?

We are back into the 2:39PM spike lows as I type.

I'm ready to "ring the bell"
:D
 
That would make for a very "nasty" final hour of trading . . . and scare the hell out of people over the weekend if they aren't already pissing in their pants!
:eek:

Note: Just bounced .618 and ran into resistance at 747 and change and collapsed, printing 743.39 SPX as I type.
 
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