Ewj: elliott wave

Well i hope it waits a bit ,Mup! bingo on the price projection of 1000.50 (and yes i went long my usual 2 es at that price) ..but the trendline at 1000 even was not touched, so im not sure if wave 4 or d if you like is complete yet! ...covered one at 1003.00 and ill hold the other with a breakeven stop ,just in case! wish me luck! cya later! :eek:
 
Quote from Mup:
still like to see the lower end of the 990;s

994-993 area is the eyeball 50%
More...

Met its min of the iv, just have to see how it acts around this these levels as it may like the look of that alt...

50% is at 991.75
 
Heard that August 10th is important 108 day cycle given the following:

August 10th is 108 market days from the 03/06/09 low which is also the length of wave 1 from the Oct 07 high to March 17 08 low 108 x 1.618 = 175 175 days is from the wave 1 low 03/17/08 to the low of 741.02 (which i count as w3 low) 108 X 3.236 = 349.5 Oct 11 07 high to March 06 09 low is 353 days. March 06 09 low to June 11 09 high is 67 days 1.618 x 67 = 108 108 / 353 (the move from 10/11/07 to 03/06/09) = .3059 X 2 = .61 its also 108 days from the jan high to the june high. just something to watch.
 
Thanks Mike & ed... :)

Got some nice benchmarks to work with...

The retracements are always measured from the top of the impulse when dealing with expanded patterns incase anyone wondering on that 50% level.... :)

clean
30 min ES
 

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That analog from the other day also wanted some downward pressure as the high came on bar 30...

So odds were on downward pressure ....

There is a case to be said about the high being in going of that analog but I'd rather let the ALts be the traffic lights...

That 60min analog..
 

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