Ewj: elliott wave

Thanks Landis.


I'm not sure if I understand your alt and stop light theory, but if I do, a break below 802 would be a bigger retracement and a good sign we're going lower for a bit.
 
The lesser Alts explained in degree terms :)

Only if -7.5 goes then we've completed the lesser Minor degree set , for a deeper correction...

If it holds those lesser Alts its saying its not completed its current degree wave set, so we would expect another move higher ...

Always easier to see scribbled on the chart .....
5min ES :)
 

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Yes indeed that cought our Mo-Mo bots off guard... :eek:

Don't often get such a sharp move of a Square ratio (57.7) but thats what Alts are for :))

eric's on form today :)
 

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We reach our measured move target, but with only three waves :confused: .
This may be and extended wave one followed by three-four-five and then the last hour a-b-c :) .
There should be another big measure move UP :D .
Observe the green lines for Buy Signals,
the red lines for Sell Signals.
 

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Preferred count is 1-2-3-4-5 of 1450, 165, 310 points (The Ursa Major Trap) and a-b-c of 460, 50, 90 points.
Expected another measured move UP of 1450, 165, 310 points :eek: :D ,
from now or after a 460, 50, 90 points DOWN move :confused: .
Note fractal waves: extened wave one.

Note:
The attached chart is big, it may load slowly.
 

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