Ewj: elliott wave

[mu200411]

So we got our third Big "M" .
The question is, "where this will end?" .
It might have ended already .
See if the small "W" pattern is confirmed or not .

Quote from mu200411:08-15-09 02:33 AM

Fall below the red lines was really bad :eek: .
We got two confirmed "M" patterns and another BIG one is in store .
A measured move DOWN, or down to the foot of the "BIG M" pattern .

 

[mu200411]

The "W" pattern is confirmed .
23.6% retracement .
Is this enough ?

 

[Landis82]

The bloggers are seeing yet another "head and shoulders" pattern . . . and you KNOW what that means!

 

[mu200411]

Everyone just "wait and see" :eek: .

 

[Mup]

"Bob's" on CNBC now

 

[Landis82]

Quote from Mup:

"Bob's" on CNBC now

Just saw that.

Said that he told TRADERS in his August 5th report to go 50% report; but also "hedged" himself that we could go higher into the end of the year. Made a case for a major low in the U.S. Dollar, etc.

 

[Landis82]

Time for a little "squeeze" ???

 

[Mup]

Not even got the charts on today.....

But eyeballing CNBC's Chart
Delta may hint at downward pressure into the close ?

 

[Landis82]

Here's a short-term ONE MINUTE chart for ya Mup...

Lots of THREE'S, eh?

Note: Just retraced back down to 98.20 since I posted. Ten minutes to go till the close.

 

[Mup]

Looks messy indeed.....

But that could be due to the after dinner Mount Gay :eek: