Ewj: elliott wave

I'm not going to short the S&P or SPX heading into the close and over the weekend.

I am however shorting some Nat-Gas drillers that have run up way ahead of themselves in this 7 week rally, even though Nat-Gas is making new contract lows in May at 3.28

PTEN beginning to crack as we speak.
 
Bots got their knickers in a twist on a rare 4 bar -ve bias yesterday, but behaved themselves today once they corrected .... :D

Have a great weekend everyone!
 
Is this "Mm2", the sequel of "Mm1" :confused: .
Yes, as ed' v-wave count, the big "M?" pattern will be confirmed :) .
May be not, if this is Wave 3.3:1iii.i-ii . A Candle Stick Hammer supports this count.
But don't forget to place stops at line 1st and 2nd :D .
 

Attachments

Apr 27 3:28am † Change %Change Level

Dow -150.00 -1.86% 7,906.00
NASDAQ -24.00 -1.75% 1,351.00
S&P -16.30 -1.88% 850.20

Mexico Swine Flue
Mup's LD and Ed's v-wave count may be right :cool: .
 
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