Ewj: elliott wave
- Thread starter mu200411
- Start date
Date Published Percent Bull Percent Bear
05/06 40.4 31.5
04/29 36 37.2
04/22 39.1 34.5
04/15 43.2 34.1
04/08 36 37.1
04/01 31 38
03/25 28.9 43.3
03/18 28.4 44.3
03/11 26.4 47.2
03/04 29.7 44
http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx
05/06 40.4 31.5
04/29 36 37.2
04/22 39.1 34.5
04/15 43.2 34.1
04/08 36 37.1
04/01 31 38
03/25 28.9 43.3
03/18 28.4 44.3
03/11 26.4 47.2
03/04 29.7 44
http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx
Quote from ed:04-30-09 07:37 PM
Actually, if you examine the waves carefully, you will see that it has been a series of 1-2-3 upmoves, then followed by wave4 flats for the past couple of weeks....
All I see is still a never ending series of 1-2-3s and then flats.....
Mu,
This is giving new meaning to the term "treacherous"! The evil wave is playing hide and seek. And once it shows up, all bears will break loose!
Edit:
Would be looking for about ~930 in the ES. If that target cannot hold, then we could be going up to the 960s region.
Quote from Mup:
While its quiet...
This is a more outside the box count...
The Pattern is more common in FX but see what you think.
http://www.elitetrader.com/vb/attachment.php?s=&postid=2414212
240Min SPX
On the Globex the next 1:1 is 940 in the middle of eds targets....
In degree terms the largest correction should be used when projecting measured moves, but there are certain patterns when that rule "slides" to the second degree correction as in that SPX chart.
Anyway enough waffling
240 min Globex with that 940 area highlighted....