Ewj: elliott wave

[ed]

Possible flat.... again....

Long ES 901. Target 906.50. Stop 899.50.

 

[Mup]

Incase its goes below that 897 area.....
Brings the usual downside suspects in play....

Happy Cinco de Mayo!

120min Globex

 

[Mup]

Quote from Mup:
Still like to see GBP try for that 1:1 around 1.5150 area.
http://www.elitetrader.com/vb/attachment.php?s=&postid=2345075
http://www.elitetrader.com/vb/attachment.php?s=&postid=2358481
240min GBP/USD #F

Finally got there

Key Traffic light on Cable to watch....

240min GBP/USD #F

 

[Mup]

888 area would be a nice eyeball on the day session chart.Needs to bust that 897 area first though for a degree change to bring this into play...

5min ES

 

[mu200411]

"Five waves DOWN" looks impulsive .

 

[Mup]

Just needs that 897 area (ES) to confirm a degree change, otherwise it could still be awkward & make run for a new high...

 

[mu200411]

Triple "mMm" pattern :eek: .

 

[mu200411]

The "mMm" pattern is completed .
Next may be a Head and Shoulders pattern .

 

[Mup]

Quote from Mup:

Incase its goes below that 897 area.....
Brings the usual downside suspects in play....

Happy Cinco de Mayo!
http://www.elitetrader.com/vb/attachment.php?s=&postid=2413908
120min Globex

Looking better

120min Globex

 

[Mup]

While its quiet...

This is a more outside the box count...

The Pattern is more common in FX but see what you think.

At the moment its the Alternate as it would mean an inverted Delta but its worth having on the table just incase....


240Min SPX