Ewj: elliott wave

[mu200411]

A not so typical DARK CLOUD COVER .

 

[mu200411]

Oops!! :eek:
1-2-3 or a-b-c

 

[mu200411]

The DOWN move looks impulsive :eek: .
There may be a rebound as wave b soon, then down again.
Target SPX 1160.

 

[Landis82]

Prechter's Steven Hochberg has been so utterly horrible in his weekly short-term updates that he is bound to be RIGHT finally.

Perhaps we have an A-B-C flat that started back on April 19th with a (b) that made a new high for the move and a (c) move yesterday before Wave 5 to the upside . . . and a final high in May.

Full Moon today too.

 

[Lawrence Chan]

Full moon happened yesterday before RTH open.

 

[mu200411]

This UP move may be Wave .2:a-:b-:c .

 

[marketwavez]

"Good Lookin " chart Jahdave

( original chart by Jahdave )

 

[mu200411]

The Market is stronger than expected :eek: .
Wave 3]2) might have ended after the 3% correction.
Wave 3]3) may go UP to SPX 1300 .
Or ?
We are still in Wave 2] which would go DOWN to SPX 1050 .

 

[mu200411]

Fifth subwave of fifth subwave of wave c .
Wave .3 might have started .
But the :a-:b-:c might really be Wave :1-:2-:3 of Wave .1 of Wave 1 of Wave 3]1) .

 

[mu200411]

Looks more like a-b-c than 1-2-3 .
Confirmed when the red line is crossed .