Ewj: elliott wave

[Mup]

Thanks Mike & ed....

New Highs

Two 1:1 measured moves to watch out for....
911 & 920

240min Globex

 

[ammo]

http://www.goodmorningwallst.com/files/gmws050509/gmws050509.html Landis, this is the free version ,occassional info from phil erlanger on vix

 

[Mup]

5 waves into that 919/20 area would be nice

120min Globex

 

[ed]

Quote from Mup:

5 waves into that 919/20 area would be nice

120min Globex

Oh, seems like all the bears are wide awake waiting for their honey!!!

You beat me to it with your "rapid screen dump" again...

I've got a similar ES target, about 916~919...

Oh I sure miss irene.....

Edit:
How the w4 wiggles will be crucial..... hopefully no more extension of the 5th......

 

[Mup]

Quote from Mup
That LD part of a zig-zag (y) to form a double 3 as an eyeball...
So we could get another (x-x) wave or its completed the corrective pattern & its off to new highs... that +6 Alt (x) on the chart will be the traffic light
http://www.elitetrader.com/vb/attachment.php?s=&postid=2414547

Update that "Mess" pattern chart

5min ES

 

[ed]

Ha Ha ha..... see another flat Mup?

 

[Mup]

Could well be, although if it overbalances that last alt around 905 then things are changing of that larger 911 alt..

 

[Mup]

905 area LIS for w4 ......

120min Globex

 

[Mup]

Busted its lesser alt so degree change .... looks like it was a penguin bar into that 911 1;1...

Brings in the usual downside suspects....

120Min Globex

 

[blnbr]

I think it's time to take a look at the "hard-hit" auto part stocks AXL, LEA etc. They are now moving