Ewj: elliott wave

[Mup]

Quote from Mup
We got the push, well past that 150% to the 200%...

200% is a popular FX ratio, so we may well get a pull back from here to test the lesser Alts around 1.39...
http://www.elitetrader.com/vb/attachment.php?s=&postid=2436870
240min EUR

Thanks blnbr
EUR behaved itself quite well of that 200% still could get one more leg up if these lesser alts hold...

240min EUR

 

[Mup]

Cable still could get to the 1.60 area...

240Min GBP #F

 

[ed]

Quote from Mup:

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

See what you think

120min

Nice work! Surely an ED C wave.... no doubt!

Glad I turned bullish......

 

[mu200411]

Crude Oil and SPX

 

[Mup]

Thanks ed...

Bulls are not completly home free just yet.... They need to clear the 61.8% otherwise they'll have problems...

5Min ES

 

[ed]

The SPX paints a slightly different picture from the ES.....

Watch the 62% retracement @ ~907.38. Bullish if it crosses above and bearish if it stays below....

The VIX is also hovering over the 50% retracement @ 30.57 after what seems like a full 5 waves up from 26.57 to 34.57....

SPX 10min

Edit:
Same thoughts but I just draw slower....

 

[mu200411]

Crude Oil & SPX triple tops .

 

[mu200411]

Interesting Fibonaci ratios .
A measured move UP or DOWN .

 

[Mup]

Key area now at the 161.8% ext.....

Bears need to make their stand.... If it gets back above the 161.8% then odds go back to new swing highs..

5min ES

 

[Mup]

Yawn....Still couldn't close out that 161.8%...

Has it just finished a "jury's black cap" pattern....?

5min ES