Ewj: elliott wave

[Mup]

As always I could be counting to slow

Might well be as there is a 57.7 time and price relationship between ii & iv

 

[Mup]

Here's that Time and price if "iv" was a triangle....

The doors still open for a "y" also...

15min ES

 

[Mup]

Quote from Mup:

Still would like a deeper iv for proportion with ii...
The slow count

The 1:1 around 1008 is something to keep an eye on..
http://www.elitetrader.com/vb/attachment.php?s=&postid=2528911
240min Globex

Update....
240min

 

[Mup]

Entertaining day

 

[TraderRob]

Hi Mup, do you agree with this wave count and if not, what is yours? I am counting yesterdays high as 5 of 5. I am short the ES from 1002.25 in tonight's session.

The high in the ES is 1006.50 only .50 away from your prediction of 1006..... great call!!!

10 minute chart of the YM attached....

Robert

 

[Mup]

I'd still like a throw over 5th to signal a termination of degree as in that 240 min Chart.....

 

[Mup]

Past its favourite 20min throw over window...

Still in the iv for that "y" wave to test the ALT around 990 area again...

30min ES

 

[Mup]

992 would be nice

5min ES

 

[Mup]

 

[ammo]

thats lucky guess # 10,422