Ewj: elliott wave

Thanks Mup!

Interesting observation on the NQM9.... if it had been a flat wave4 correction since early March, then 1433 for the C would make exactly 1.618 of the A wave.

NQM9 daily
 

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Well spoted ed,

Remind me to take a look at the VIX if I forget. We,ve been busy with FX due to the Euroland central banks meeting today... :)
 
Quote from Mup:

Well spoted ed,

Remind me to take a look at the VIX if I forget. We,ve been busy with FX due to the Euroland central banks meeting today... :)

Thanks Mup...

Actually the 931 region is the 138.2% of A for the ES if W4 is a flat.... :)
 
Looking better for T2 (903 area) which is the ALt & 38.2:D

Needs to go below 891( ES) over the next few days if the delta's turned....
 
The key reversals in the energy names, coal and mining stocks this morning are incredible.

Hope everyone was able to get SHORT and HAPPY!
:)
 
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