vv

[elovemer]

TF
614.5
....604.1
--------------------------

spx
prev close 76
.........67

------------------------------
ES
74.....64
-------------------------------

YM
9848......9759

 

[elovemer]

es
89.75 ..... 79.75

 

[elovemer]

60.25
....51.25 signal
**..51 pivot
------------------
retrace to 56.5
5.5 points
61%
============

56.5
.... 47.5 signal
** .. 46.75 pivot
---------------------
retrace to 52.75
6 points
61%
============

52.75
... 43.75 signal
** .. 43.75 pivot
YM completes here **
----------------------
retrace to 51.75
8 points
88.6%
============

51.75
... 42.75 signal
** .. 42.75 pivot
---------------------
retrace to 46.25
3.5 points
==============

46.25
... 37.25 signal
** .. 37.25 AH pivot
YM completes in RTH
==================

five signals in one day

 

[elovemer]

YM

9852..... 9749

9809.... 9708

 

[elovemer]

on ES .....
ym completes after 3 ES signals

...at which point is a 50% retrace of entire move so far..... of 3 signals
------------------------------

first two retraces are 61%.... before larger degree retrace
-----------------------------------

4th retrace is only 38%
-----------------------------------

5th retrace AH ....
.... 61% would be 43

 

[elovemer]

5th retrace AH ....
.... 61% would be 43
-----------------------------------

but since YM completed a 2nd move

looking at retrace of last 2 signals
--------------------------------------

for larger degree retrace.....
50% at 44.5 and 61% at 46.25

and 46.25 would be r10 short signal

 

[elovemer]

64..... 55

during globex

 

[elovemer]

gold's break out

may signal the end of the bull market in equities

 

[elovemer]

61.75....52.5

51.5.....42.25

48....37.75

41.75.....31

31....40.5 up

40.5......29.5

29.5....38.25 up

38.25......29.5

 

[elovemer]

ES

extension
40....50
...49.5
short
-----------------------
47.25....37.25.....27.25
....26
long
---------------------------------
26.....35
short
--------------------------------
35.....26
long
----------------------------
26...... 37
short
-----------------------------
31.5......41.5
short
-------------------------------