Ewj: elliott wave

[Mup]

BTU' next eyeball around $31.25 area

360min

 

[Mup]

Hmmm Patterns simular to Monday the 13th of July so expect new highs....

 

[mu200411]

$66 may be all that 3)1.1:5 can get :eek: .
Now we are in Wave 3)1.2 which may fall to Wave 3)1.1:4 at $63 .
3)1.1 is $8 long.
3)1.3 may end at $71 .

 

[mu200411]

This may be third subwave of third wave, or
fifth subwave of fifth wave .
A strong UP move versus a small UP move followed by five days correction :eek: .

 

[Mup]

BTU looks set to trigger all the "OR+/-5 to 15min" scanners For a move to $31.5

 

[Mup]

Update on BTU ..
last chart incorrect above $32.06.... dollars getting hit so looks like its will pop back up...

 

[mu200411]

Crude Oil, SPX and EUR/USD going together as Mup noted .

 

[mu200411]

EUR/USD and SPX => higher high .
Crude Oil may follow soon .

 

[Mup]

Alternate SPX larger degree option as we're in a medium frame inversion zone...

This is the expanding triangle wave 4 count.....


Daily SPX

 

[Landis82]

Could we actually be in some sort of an ED Wave V here today?

(i) is the high around 956 this morning, with (ii) the pullback down to nearly 951, with an a-b-c back up to form (iii) at 959.83 and now a (iv) at 956

The intra-day lows of today ( so far ) really hug that diagonal uptrend line. So do the highs at (i) and (iii) which are coming into a point. Should see some resolution of this pattern soon, eh?

Where's Ed?