Ewj: elliott wave

[mu200411]

200-days charts of Crude Oil, SPX and EUR/USD lopk bullish .

 

[Mup]

coming more and more into play with dollar +ve bais

Below 964 puts the nail in the coffin for the bulls...

240min Globex

 

[Mup]

As usual I'm on the Bear side off things with the EUR ect ...

Mu's covered the bull...

Quote from Mup:
I'm guessing that EWI will have the larger pattern on the EUR as (A) (B) (C) with (C) being an ED off that Oct low... (now in the 4th wave of the C)
A Different option...
EUR
http://www.elitetrader.com/vb/attachment.php?s=&postid=2518483

480min

 

[mu200411]

500_10-min charts look ugly :eek: .
But they are at measured moves, may be not a good place to sell .

 

[Mup]

Most of the software will have a 1,2 count off an e wave low on the Globex...

The problem is , it didn't clear its +12.25 Alt so it leaves it exposed to a move below 964 which would also catch most EW counters the wrong way round...?

Take your pick..... both bear/bull bail lines are on the Chart below.....

lunch time for me
120min Globex

 

[mu200411]

500min charts show more measured move .

 

[mu200411]

Hourly charts look like Wave 3)1 and Wave 3)2 .

 

[TraderRob]

Ending diagonal on the e-mini S&P. 15 minute chart attached.

 

[blnbr]

Quote from Mup:

As usual I'm on the Bear side off things with the EUR ect ...

Mu's covered the bull...

EURUSD hourly chart seems to have some support at 0.618

 

[Landis82]

Quote from Mup:

As Mike would say....

Where is everbody today.....?

I'm here.
Just watching the close and staying away from my "short-sale" button.

PTEN and XOM earnings out tomorrow morning.
Street is looking for $1.02 from XOM.