Ewj: elliott wave

[Mup]

Quote from elovemer
.... if still in third wave.... sky is limit

I think I'll have to focusing more on the DX making a new low counts, seeing EWI also as the "standard" 5th wave of C count....hmmm

Anyway back to the ES...

Still like to see a move down in that larger pattern from last week....

See what you think..

60min ES

 

[mu200411]

INDU is going to 10250 .

 

[Mup]

Larger time frame, I'd still like to see that 38.2% just above 1000 on the SPX...

from Mup 03-26-09
That daily SPX for perspective
http://www.elitetrader.com/vb/attachment.php?s=&postid=2364184

Update...

 

[Landis82]

Coal stocks continue to be on FIRE.
BTU traded as high as $35 this morning.
Earnings out tomorrow.

Anyone LONG stocks right now for a trade?

 

[Landis82]

Cyclicals on FIRE today.
BTU earnings out tomorrow morning.

 

[elovemer]

......sorry.... my mistake....
...i thought you were talking ES ....
.... i didn't notice you were referring to DX.....

... anyway.... for ES ....

Quote from elovemer:
.... if still in third wave.... sky is limit

 

[elovemer]

late

 

[mu200411]

Crude Oil is heading for $67 .

Quote from mu200411:07-21-09 12:06 AM

Nearly $2 from $65 = the second wave (Wave 3)1.1:2?)
This may be Wave 3)1.1:4 or Wave 2)c.1-.3 .
Wave 3)1.1:5 should go UP to $67 .
Wave 2)c should go DOWN to $50 :eek: .
http://www.elitetrader.com/vb/attachment.php?s=&postid=2508307

 

[Mup]

Throw over ES?... would give a 924 area target..

5min ES

 

[mu200411]

Crude Oil higher high at $65.5 .
SPX higher high at 955 .