Ewj: elliott wave

[circadian]

Here's a "sweet" setup in the making.

October Sugar Futures.....

 

[Landis82]

50% pullback in the SPY from the low at 10:45am up to the high just before 12 Noon. 50% = 90.18 SPY

Interesting "count" Mup!

 

[Mup]

Does niggle me that the shadow of the bar went through the ALt.....
so this is something to watch out for....

120min Globex

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Edit Thanks Mu !

& Thanks for the sugar chart circadian....

 

[mu200411]

Welcome back Mup .
mu.

21 dSMA becomes a resistance as Landis noted.

Quote from Landis82:07-14-09 06:50 AM

SPX turns up on the daily slow stochastic and the index closes well above the 10 day MA at 894.

Both the 21 and 40 day MA's are coming in overhead right at today's 901.05 close.

Need follow through tomorrow to confirm the beginning of the next advance up!

 

[Landis82]

Afternoon LOW comes in at 2:04PM
Let's see how far up they can push it.
Looks pretty "choppy".

Big Bradley Cycle today and tomorrow.

 

[Landis82]

Feels like a very choppy "B" wave since 2PM eastern, eh?

 

[Landis82]

Blow out numbers by INTEL.
.18 vs .08 estimates

Futures trading +8.00 (4:38pm Eastern)
after the news.

 

[elovemer]

size of possible measured move

 

[ammo]

elo, couldnt see what the chart was of? intel... dollar oversold and at support and djt never saw its high from the open for rest of day, i smell lemons being squeezed

 

[ammo]

djt rejection