Ewj: elliott wave

[TraderRob]

Is 17 the magic number???

Attached is a 30 minute YM e-mini chart of the trading from 6:30am - 1:00pm PT(no overnight). The number of trading periods from the low near the # symbol in the bottom left to IV is 17. From the high at III to the high at 3 is 17 periods. From the high at 3 to the C/4 low is 17 periods.

From the high labeled B we have 13 periods... if we are making a new high and completing a fifth wave near 8:30am - 9:00am(PT) it may be the ideal time frame for the completion of our fith wave.

Robert

 

[Mup]

There we go...

Got the e or part of a C wave back down
http://www.elitetrader.com/vb/attachment.php?s=&postid=2518668
http://www.elitetrader.com/vb/attachment.php?s=&postid=2518693

964 area (1:1) is the limit if that busts then things are morphing into a larger degree....

 

[Mup]

Looks like PTEN's also moving in the right direction

13.85 is the Alt, then 13.36 is the next eyeball

 

[Mup]

EUR's busted that (w) wave swing low of 1.4119 we were after....

Its soon going to mess EWI counts up if it goes through that 1.4074...

60min EUR #F

 

[Mup]

360 EUR #F

1.376 area anyone?

 

[Mup]

ES update while its still above its 1:1 around 964..

60min

 

[Mup]

Move below $31.46 that swing low area...

Would be nice for BTU

360min

 

[Mup]

If it can not clear that 975-776 area its morphing into a larger corrective pattern.... Comes lead if 964 lets go

240min ES

 

[Mup]

As Mike would say....

Where is everbody today.....?

 

[Mup]

EUR has moved some more now were through the overlap point...

60min EUR #F