Ewj: elliott wave

Yes ammo,
Wave 1]3) or 2]c might have ended.
But there is something questionable in the wave structure.
mu.

Wave five is treacherous, this time it does not come up at all :eek: .
The DOWN wave is not Wave 3)3.3:2 below 1080 and 1067.
Is not Wave 3)4 and 4) below 1020.
Be aware of the red lines.
 

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Quote from MitchWorse:

go get 'm ed!!

Thanks MitchWorse!

My conditional orders took the profit for me just now while I stepped away :)

On the question about stops, I think it has been asked and answered on this thread before. Try a search? :)

In any case, if you think through the rules and guidelines of EW, then a lot of good locations for stops would surface. :)
 
When the last Bull turns Bearish, the Market rises :( .
No more fifth wave :eek: .
A series of five 3-waves or seven 3-waves :mad: .
This may be an ending EXPANDING TRIANGLE , but
Wave 3)3.3:2 count is still valid and Wave 3)3.3:3 might have begun :confused: .
There may be a measure move UP to 1150 :) .
Beware of the red line :D .
Note: Easier count in Utility Chart.
 

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