Ewj: elliott wave

Good call Mu! The market got us fooled except you! :)

Well.... my winning streak got stopped out.... :D

Here's a re-count in the bullish camp :)

SPX 60min

Edit:
Just saw the label error... should be ABC instead of ACC... need to re-learn my alphabets..... :D :D :D
 

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Thanks ed,
Mr. Market likes to have the majority in the wrong foot :eek: .
mu.

Measured move target was surpassed, "W" pattern almost reached. :)
Wave five may or may not passed :confused: .
After some set back there is still another measured move UP,
may be, may be not :D .
 

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Quote from athlonmank8:

I have to agree. Unless there's a drastic move down tomorrow we're still in an up cycle. Using the IT downtrend on the ES as a new signal long (and my stop) and the fact that there's plenty of fresh blood (shorts) it should be a good signal for next week granted we break.

Probably will get triggered long as it looks banks have been soaking up this selling.


IF we gap down tomorrow that'll change the game though based on just my opinion (hoping it will).

Not an easy tape here just yet, and that's not going to help my Theta :(. Not even sure why i'm in.
More...

Ughh just puked up some nice Vega/Delta on this gap up.

*crawls back to the fetal position*

Longs are looking good into next week
 
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