Ewj: elliott wave

Its messy that EUR pattern on the short term there's at least 5 counts that are viable at the moment.

On the longer term I'd like to see the EUR dip below its Oct 2000 0.82 cent low :eek: :)
 
Wave 5)3.5:4 might have ended as an irregular correction, hence the Bull Trap.
Now we may be in Wave 5)3.5:5iii.iv.
Wave 5)3.5:5 may end at measured move, 6550, 666, 1270, or at any time :) .
 

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Quote from Illum:

Im not closing anything. We can do this fast or slow. The bulls are stumbling and going to hit the mat. They wanna flush hard tomorrow I will get out, otherwise I will let 5 take its coarse.
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Well done Illum!

It does seem like 690 will not hold in the SPX....

:)

Edit:
Sorry for the omission.... what I meant was SPX will not hold 690
 
Quote from ed:

Well done Illum!

It does seem like 690 will not hold in the SPX....

:)

Edit:
Sorry for the omission.... what I meant was SPX will not hold 690
More...

Heh I am actually quite concerned right now. Spx is putting up a fight. She would be melting if a wave3. So.. Im thinking I am wrong to leave the 5 count and downside may be limited in here. Long story short, I am nervous and getting out. I might miss a good dump end of day, its 2pm now. But I get taken out easily being new and a scardy cat. Getting flat gonna see where we are 345
 
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