Ewj: elliott wave

[Mup]

Quote from ed:
Interesting how quiet this thread is when things are bullish...... [/i]

Always find I want to snooze off on bull trending days as all we chart is pull backs to lesser ALts:eek:

I bet a few got a wake up call on CHF/USD though

 

[Mup]

Quote from Mup:
Bit of overhead going to this area 742 to 746 .....
60min ES

5min

 

[Mup]

Larger View

For the 780 area......

Daily SPX

 

[Mup]

GBP is looking beter as its 300 pips of that 88.6% still needs to clear its last ALt (1.4010) to shore up things...

240min GBP/USD

 

[Illum]

Quote from Mup:

Larger View

For the 780 area......

Daily SPX

Looking for this tomorrow, in a way... Will get short if we get around the 777 but start failing. If she reaches but is then going to close around 765 or lower, I will feel confident a wave B beginning. A lot to ask for, but Id love to see this setup.

 

[mu200411]

The second small measured move had unfolded as 13-waves where the 13th wave is not yet completed .
The last measured move may end near Wave 5)3.4's end at 7350, 773, 1441 which is 164, 21, 14 points away from Thursday's high .
This may turn out to be a Bull Trap at Landis' 775 target :eek: .

Note:
The Bear Cub Trap has turned into Ursa Major Trap of 700, 80, 160 points .

Quote from mu200411:03-10-09 11:03 PM


There may be another measured move UP as fifth wave of Wave 5)4.a to end of Wave 5)3.5:4 at 6972, 723, 1369 .
Wave 5)4.c may go UP to end of Wave 5)3.4 near 7350, 773, 1441 .

 

[Landis82]

Banks are strong again.
WFC, USB, BAC, MS, etc.

 

[Mup]

That was a great call on last week Mike on those Banks.....WFC / USB $7/$8 bucks to over $14/$15

-14 for the lesser wave (4) eyeball...

5min ES

 

[elovemer]

......are you blokes bloke'ing 775 as an AB CD ?

 

[Landis82]

We are rolling over pretty good here now . . . Also interesting to note, the natural resource, steel, and coal stocks are under a lot of pressure.