Ewj: elliott wave

[mu200411]

Fifth wave at measured move around 896 - 898 .

 

[blnbr]

Sorry about my attached chart. My computer crashed two days ago, now still has problems

 

[mu200411]

"M" pattern in Crude Oil chart :eek: .

 

[mu200411]

Reverse Head and Shoulders pattern in SPX chart :eek: .
910 again .

 

[mu200411]

Failed reverse Head and Shoulders pattern .
"M&m" pattern in SPX chart instead .

 

[Landis82]

Pre-Holiday trading by "appointment" ONLY today.

 

[mu200411]

Ed,
ed's Inverse Correlation between SPX and VIX.
Five waves UP and three waves DOWN in VIX, next may be another five waves UP .
Five waves DOWN and double-three waves UP in SPX, next may be another five waves DOWN and a measured move .

Agree with ed's "I don't think we'll see the high of ES @ 929.50 for a loooooong time..... "
Mu.

Quote from ed:05-21-09 11:20 PM

Mu,
I think 881 in the ES may be a good place for a w2 bounce up for us bears to reload....

VIX is climbing so aggressively it looks like we're in an impulsive third wave up :eek:

If all the sell signals are followed through, then I don't think we'll see the high of ES @ 929.50 for a loooooong time.....

 

[ed]

Thank Mu but I'm afraid the market wiggles are making me shift to the bull camp again..... (Thanks for your first paragraph first post on page 1...... )

Very tricky maneuver here.... Curveball of curveballs!

ESM9 60min

 

[mu200411]

Return of the "M" pattern :eek: .

 

[Mup]

Zig-Zag with an ED "c" wave on the Globex...?

See what you think

120min