Ewj: elliott wave
- Thread starter mu200411
- Start date
As of 6/24
Bullish Sentiment at Investors Intelligence: 43.6%
( down from 44.8 and the 47.47 high of the previous weeks).
Bearish Sentiment: 28.7%
http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx
Bullish Sentiment at Investors Intelligence: 43.6%
( down from 44.8 and the 47.47 high of the previous weeks).
Bearish Sentiment: 28.7%
http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx
This is gonna be a tough last couple of days because there are a TON of stocks that I follow ( namely coal, energy, and drilling names ) that are deeply oversold and are turning back up with their stochastic oscillators with today's action.
They could easily run 5-10% into month end.
P.S. Watch Northeast Community Bancorp (NECB) on Friday. Supposedly, the Russell Re-Balancing will cause 500,000 shares of buying due to NECB joining the Russell 2000.
Average Daily Volume: 8,700 shares :eek:
Note: There was a 264,100 share volume day on June 15th, so some of this may have already been done. Stock closed +0.15 at $9.00 on that day.
They could easily run 5-10% into month end.
P.S. Watch Northeast Community Bancorp (NECB) on Friday. Supposedly, the Russell Re-Balancing will cause 500,000 shares of buying due to NECB joining the Russell 2000.
Average Daily Volume: 8,700 shares :eek:
Note: There was a 264,100 share volume day on June 15th, so some of this may have already been done. Stock closed +0.15 at $9.00 on that day.
200dSMA still points DOWN. 21dSMA levels and begins to decline.
INDU-TRAN Divergence.
Illum's Right Shoulder is forming.
Boeing:Being on the Death Row :eek: .
UPDATE: Qantas Defers Some, Cancels Other Boeing 787 Orders
http://www.nasdaq.com/aspx/stock-ma...s-defers-some-cancels-other-boeing-787-orders
INDU-TRAN Divergence.
Illum's Right Shoulder is forming.
Boeing:Being on the Death Row :eek: .
UPDATE: Qantas Defers Some, Cancels Other Boeing 787 Orders
http://www.nasdaq.com/aspx/stock-ma...s-defers-some-cancels-other-boeing-787-orders
.
,Invasion of wave 1_or_a, so it is a c-wave invading a-wave :eek: .
There may be a measured move DOWN to $67.4
,
if the red lines are crossed.
There may be a measured move DOWN to $67.4
,if the red lines are crossed.
Quote from mu200411:
$5 rebound from the 23.6% retracement.
Crude Oil's next higher high may be the fifth subwave of wave three or wave c
Rebound from wave iv of a lesser degree (blue line) after the correction may be a buy signal.
Invasion of wave one territory (red line) may be a sell siganl.