Ewj: elliott wave

Mup, do we have a "Rule of Three" for Market Reversals ala Gann at work here?

Whether this is the beginning of a (B) or P3, this decline could be significant tradeable move for sure!
 
There's over 3 time divisions relating to the square, cube & circle ...

Its not often you get such numbers.....

Just have to wait and see what next week brings :)
 
Ooops...

I must be getting old I was going off of the March 6th closing low at 683.38
Thanks!

Might have to load up on some SDS here at $47.40 :)
 
Quote from Mup:

Probably just the Guinness :D

I haven't even got there yet, but I'm just about to head out the door my friend for Happy Hour! :cool:

If you see anymore relationships in the making, post them up over the weekend. I will be around.

PS. The S&P Bullish Percentage ($BPSPX on stockcharts) closed today at 73.60 +1.00

http://stockcharts.com/h-sc/ui?s=$bpspx

:)
 
Bloomberg has 987.48 for the 31st July close.

March 9th Close is 676.53
=46% difference (45.95)

46 x 3.14 (pi) = 144.4 ( 144 is f12)

Pi & Phi
3.14x3.14 (squared) = 987 (9.869)
987 is f16 in the sequence.

Any errors......

Blame the Mount Gay :eek: :D
 
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