Bulls need to make there stand at the 1:1 (999.5)to stop the time wasting option for a crack at a new high... Incorrect below the 999.0*...
The waste time option 15min ES
The 38.2% dynamic resistance is around 1014 on the SPX. If it really wants to be arkward it can mess around in and waste time in the lesser 4
New high.... :) Turned out to be a good example of Time & price, last nights chart...
Hi Robert. For divergences / +/- directional bias we use OEX , INDU & MID around techincal points .
Handy them ALts :D That's just messed the Blogs up ........ :eek: :)
Just keeping it simple with the alts... Below 987 on the Globex then we have a degree change... Until it starts to overbalance, the bulls...
Just using simple ALt rules.... Today move could be just the wave 4 of the impulse off that 8th July low (after 9 wave 3 between alts) I...
Thanks Mike :) We'll have to take a fresh look at things then :)
Anyone know what the other Elliott wave blogs are looking at so we can gauge the main stream counts?? Are they on the ED ect ... :)
:) They keep telling me the market's not technical.... :)) Bears couldn't seal the deal while the alts are holding..... One for the...
Last chance saloon that 990 area.... There pushing it to the rail after gunning yesterdays LOD stops... However at Close below 989 sets up...
Very possabole on a tri.. Dull mess like the 29th...? 10min ES
Thanks KoolBlue :) Its even more interesting to here that the fast counters are out in force...... If the Alts change I'll change, :)
In the good "old days" they liked to chop back up through lunch before the basket sell bot's are set off in the afternoon on Thursday Pre NFP's......
Thanks ammo :D It can be handy that EW from time to time.... :eek: Didn't Hit that 1:1 to tick so, the door is open for another crack at...
we can start to do rough wave 5 projections off that 992 area.... If wave 3 is around +22 then, that should be the max projection for wave 5...
:)
992 would be nice 5min ES
Past its favourite 20min throw over window... Still in the iv for that "y" wave to test the ALT around 990 area again... 30min ES
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