Ewj: elliott wave

[Landis82]

BTU exploding and about to make new highs!
(from $27 to $37 since July 6th)

PTEN grinding higher and looking to BREAK OUT.

This whole dollar play is SURGING right now.

 

[elovemer]

possible measured move to around 19

 

[ammo]

euro/dollar head n shoulder

 

[Landis82]

Quote from ammo:

euro/dollar head n shoulder

Possible.

It's the only thing that can derail the "freight-train" in the OIH and energy stock sector. Try being short BTU today. I promise you that it ain't fun.

Still early.

 

[Mup]

Now they've had the FED High of the day stops is it time again to test that 998.5 area....?(incorrect above 1012)

see what you think
15min ES.

 

[Landis82]

Wow, that sure was one helluva reversal off the spike highs!

DAMN!
:eek:

 

[Landis82]

Mup,

Look at this move in Consol Energy (CNX) off the early July lows... See anything here?

 

[ammo]

Quote from Landis82:

Possible.

It's the only thing that can derail the "freight-train" in the OIH and energy stock sector. Try being short BTU today. I promise you that it ain't fun.

Still early.

topping 37.20 ish, on a sidenote, if the electric cars catch on, btu will be replacing gas

 

[Mup]

bears need to bust 1007 to seal the deal for them...

otherwise its going back up.....

5min Tarffic lights....

 

[Mup]

Now the bears can open up 998.5 if they wish....