Ewj: elliott wave

[ed]

Quote from Mup:

Just keeping it simple with the alts...

Below 987 on the Globex then we have a degree change...

Until it starts to overbalance, the bulls still have things in their favour...

Didn't "feel" we were still in an ED pattern today...?

240min Globex....
http://www.elitetrader.com/vb/attachment.php?postid=2531228

It didn't feel like an ED to me too... lacks that impulsive thrust....

We may have different labelling, but I have a similar target of about 1028 in the ES. Anything below 987 and I'll have to jump on an alternative count.

Let's see how Mr Market unfolds....

ESU9 Daily

 

[ed]

 

[Mup]

Handy them ALts

That's just messed the Blogs up ........ :eek:

 

[ed]

Quote from Mup:


That just messed the Blogs counts up ........

Thanks Mup!

 

[KOOLBLUE]

...not my blog sport!

 

[Mup]

Hi Robert.

For divergences / +/- directional bias we use OEX , INDU & MID around techincal points .

 

[Mup]

Quote from Mup
They keep telling me the market's not technical.... )

Bears couldn't seal the deal while the alts are holding.....
One for the Gartley timing fans..
http://www.elitetrader.com/vb/attachment.php?s=&postid=2531074
10min ES

New high....

Turned out to be a good example of Time & price, last nights chart...

 

[Mup]

The 38.2% dynamic resistance is around 1014 on the SPX.

If it really wants to be arkward it can mess around in and waste time in the lesser 4

 

[Mup]

The waste time option

15min ES

 

[Landis82]

OIH not participating in the rally.
Energy names and coal getting hit.