tag:blogger.com,1999:blog-4251274909260261631.post3140857435745543659..comments2024-03-28T12:28:41.326-04:00Comments on Elliott_Trader: ES 4-Hr Still on A DivergenceElliott_Traderhttp://www.blogger.com/profile/14941335198945083652noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-4251274909260261631.post-79448724280970041462019-04-09T16:37:38.096-04:002019-04-09T16:37:38.096-04:00A new post has been started for the next day.A new post has been started for the next day.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-44120838447599033032019-04-09T16:02:18.237-04:002019-04-09T16:02:18.237-04:00At the end of the day, SP500 made a few new lows; ...At the end of the day, SP500 made a few new lows; Dow could only eek out a 90% down wave from it's three-wave high - and just barely. I suspect a flat wave.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-87782112712561663702019-04-09T15:22:18.227-04:002019-04-09T15:22:18.227-04:001 = 1298.6, 2 = 1288.3, 3 = 1310.5 at 1.618; or A,...1 = 1298.6, 2 = 1288.3, 3 = 1310.5 at 1.618; or A,B,C with C = 1.618 x A.<br />Down move is not very fast yet.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-11147650143460219682019-04-09T15:02:16.579-04:002019-04-09T15:02:16.579-04:00I can finagle an impulse but it is not pretty.I can finagle an impulse but it is not pretty.BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-40730543312630292942019-04-09T14:50:48.457-04:002019-04-09T14:50:48.457-04:00ET, Do you have any ideas off the 1284.9 low in go...ET, Do you have any ideas off the 1284.9 low in gold?BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-38242599095485858382019-04-09T13:31:59.478-04:002019-04-09T13:31:59.478-04:00Chart update below.
https://invst.ly/ai1y1
TJChart update below.<br /><br />https://invst.ly/ai1y1<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-24909657654050401612019-04-09T13:25:00.999-04:002019-04-09T13:25:00.999-04:00Now below the blue (c) wave of the triangle. Can s...Now below the blue (c) wave of the triangle. Can still get a retrace for this current down wave. Can impulse lower, or with three waves up can just stall out and make a flat wave. This is where counting gets interesting.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-87397774774456206972019-04-09T13:08:12.109-04:002019-04-09T13:08:12.109-04:00Watch this intraday chart very closely ... it look...Watch this intraday chart very closely ... it looks like the (e) wave of the triangle just gave way lower. May need a retrace wave yet.<br /><br />https://invst.ly/ai1p7<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-32129598675800083552019-04-08T21:02:03.109-04:002019-04-08T21:02:03.109-04:00thanks for looking at them both joe. I was not su...thanks for looking at them both joe. I was not sure of that 1 to 3 line rule. have not seen enough of these to see if that is real issue or not. <br /><br />there is a potential running triangle but I struggled to get that to work in a count. perhaps you could. 0 for triangle is around first of march. the b is between 3/19 and 3/24. e is what we just shot out of. hard to see any waves in there. looks like straight shot.Geraldhttps://www.blogger.com/profile/00438715966606981936noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-88215011230878234412019-04-08T20:41:21.990-04:002019-04-08T20:41:21.990-04:00Still thing the B is a bit short in time, there. N...Still thing the B is a bit short in time, there. Not impossible, but quite short for what follows it.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-26487198412127094492019-04-08T20:38:57.873-04:002019-04-08T20:38:57.873-04:00Hi Gerald. A few issues. a) the upper trend line d...Hi Gerald. A few issues. a) the upper trend line doesn't fit too well. Not impossible, but not the best. b) the (2) covers "too much price" for a prior B wave, and makes it a degree violation, c) you'd have to prove a clear zigzag with (2) and (4). Possible, but the downward counts are muddled.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-70522985376367786312019-04-08T18:22:21.438-04:002019-04-08T18:22:21.438-04:00I think this looks and works better
https://invst...I think this looks and works better<br /><br />https://invst.ly/ahryvGeraldhttps://www.blogger.com/profile/00438715966606981936noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-69997694767448190452019-04-08T18:02:29.704-04:002019-04-08T18:02:29.704-04:00something I am watching
https://invst.ly/ahrv3
something I am watching<br /><br />https://invst.ly/ahrv3<br /><br />Geraldhttps://www.blogger.com/profile/00438715966606981936noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-8760914479394850142019-04-08T17:24:52.734-04:002019-04-08T17:24:52.734-04:00This wave also burning lots of time,
further evide...This wave also burning lots of time,<br />further evidence of the expanded diagonal imho,<br />move from 2785 25/3 = c of (v) of expanded diagonal?<br />Erik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-15133428707690455722019-04-08T16:58:10.137-04:002019-04-08T16:58:10.137-04:00thanksthanksmarchttps://www.blogger.com/profile/07052320308995707365noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-49304962696623166972019-04-08T16:57:11.880-04:002019-04-08T16:57:11.880-04:00At the end of the day, the ES/SPX made a marginall...At the end of the day, the ES/SPX made a marginally higher high, with the 4-hr ES on an even worse divergence. (The Dow did not make a higher high.) In doing so, the potential third wave of the potential diagonal is now 78.6% of the first leg. That is the max to which it can be stretched without taking on the "wrong look" with trend lines that don't converge. Beyond here, I will be publishing the alternate count for the up wave.<br /><br />The daily chart since the Dec 24th low has only 69 candles, which is nowhere near what is needed to count using The Eight Fold Path Method. As a result, the upward count would still be corrective in one of two forms. Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-39653732215748192042019-04-08T16:32:02.638-04:002019-04-08T16:32:02.638-04:00because we would be in iii of 3 for over a week an...because we would be in iii of 3 for over a week and looking for 1.618 extensions not topping patterns.marchttps://www.blogger.com/profile/07052320308995707365noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-73559111837717261452019-04-08T15:51:12.543-04:002019-04-08T15:51:12.543-04:00That last high may only be 1 because it was 2 equa...That last high may only be 1 because it was 2 equal moves. BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-214468058464759302019-04-08T15:09:05.055-04:002019-04-08T15:09:05.055-04:00when do you have to start an impulse count off the...when do you have to start an impulse count off the december low?marchttps://www.blogger.com/profile/07052320308995707365noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-89304667236876292112019-04-08T14:50:05.985-04:002019-04-08T14:50:05.985-04:00Gold looks to be un the makings of a diagonal for ...Gold looks to be un the makings of a diagonal for c of 2. BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-9988165575853653462019-04-08T12:42:01.119-04:002019-04-08T12:42:01.119-04:00Yw. Mark. You too!Yw. Mark. You too!Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-631779746249267292019-04-08T10:17:00.097-04:002019-04-08T10:17:00.097-04:00Thank you, Joe! Have an awesome day!Thank you, Joe! Have an awesome day!Mark Thimeschhttps://www.blogger.com/profile/11121786376695375337noreply@blogger.com