Ewj: elliott wave

[MitchWorse]

S&P hour, RSI Negative Reversal target = 1075

 

[mu200411]

Crude Oil $82 only $3 from $85 Goldman Sachs' Target.
EUR/USD 1.5060
SPX 1101
Gold $1068

 

[MitchWorse]

Quote from MitchWorse:

S&P hour, RSI Negative Reversal target = 1075

looks like a complete 5wave down at the hourly. Target 1075 hit, watch for retrace up...

 

[Landis82]

Looks like a "wedge" ended in the last 30 minutes of trading . . . Also a Bradley date the last two days. Rally early next week to new highs ( possibly 1121) to end the fiscal end of year for most Funds?

More significant Bradley date on Nov. 9th.

 

[mu200411]

Multiple Expanding Triangles :eek: .
Most indices near supports .
UP next week as MitchWorse and Landis said .

 

[mu200411]

The missing chart.

 

[MitchWorse]

Quote from mu200411:

Multiple Expanding Triangles :eek: .
Most indices near supports .
UP next week as MitchWorse and Landis said .

I'm only long @ hourly

And when it fails/makes a Negative Reversal(RSI), then i'm going short @ the larger timeframes.
Daily wants to go down and the weekly doesn't look that strong!
ps. Dow Transports as an early indicator -3.49% last session, clearly making a double top!!!

 

[mu200411]

UP as expected .
There may be a DOWN move before a NEW HIGH to 1155 .
May be not .

 

[ed]

Quote from ed:

Oh.... EW is such a waste of time! All hindsight!.....

VIX 90min updated
http://www.elitetrader.com/vb/attachment.php?postid=2614187

EW's such a waste of time.......

VIX 90min updated

 

[MitchWorse]

Nice one ed!

be carefull with the rebound, can't find a nice parallel channel @ S&P hour.

RSI has turned up, other indicators still down.