Ewj: elliott wave

Welcome eustaer,
Thanks a lot for your comment. You're right.
I said it was just a look-alike of the Morning Star pattern, not a typical one.
It's effect may last only 2-3 day as the DOWN trend preceding it.
mu.

Reverse Head and Shoulders target reached :cool: .
Five waves UP => there may a measured move UP :) .
 

Attachments

Here comes a bit of a "flush" back down towards 920 SPX.

Treacherously low volume out there still.
Trading by appointment only.

Everyone on the NYSE must be watching the Golf!
 
Nice lunch time sell-off back in NYC.

Crude now -$1.00 and the OIH following.
OIH is precariously sitting on its 40-day MA.

Will it hold, or break?

This MA has been "intact" for the last 3-months on the OIH, now currently coming through around 100.60

:)
 
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