Ewj: elliott wave

Last chance for the bears the larger 1;1 around 811...

If it gets above that , then Mu's bull count is full steam ahead for an attempt at gap & new highs...
 

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I'm with Ed's count at this point. I'd like to see some retracement prior to a new advance. Maybe the market cares what I think this week. ; )

Quote from ed:

Since the March 6th runup, I would prefer to see some retracement before it continues its uptrend.

So I am seeing a complex "B" wave in progress before a "C" down.

SPX 60min

Eric, nice to see you're on a roll! Keep posting! :)

Note:
Still so difficult to post in ET....
More...
 
Feels like asset-allocation today.
Selling bonds and buying stocks.

And as soon as the T-Bonds closed at 3PM, the bids in stocks got pulled.
 
They Hit that 61.8% that ed was after from the other day :)

Just needs to bust that lesser Alt around 801 to get the bulls pancking for a good run back down...
 
Thanks Mup!

I was just riding on Eric's good read this week.

Been riding the market down yesterday.... then up this morning, and then down again.... :)

Just hope Mr Market does not throw another curveball wave count after that last double zigzag.... :D
 
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