tag:blogger.com,1999:blog-4251274909260261631.post3252314177239884784..comments2024-03-29T02:43:21.464-04:00Comments on Elliott_Trader: A 2.618 WaveElliott_Traderhttp://www.blogger.com/profile/14941335198945083652noreply@blogger.comBlogger46125tag:blogger.com,1999:blog-4251274909260261631.post-60820508497337403782019-08-06T16:59:43.950-04:002019-08-06T16:59:43.950-04:00There is a new post for the next day.There is a new post for the next day.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-32980439683380808002019-08-06T16:19:46.242-04:002019-08-06T16:19:46.242-04:005% on ndx from overnight low.5% on ndx from overnight low.marchttps://www.blogger.com/profile/07052320308995707365noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-52129964776345137272019-08-06T15:21:48.073-04:002019-08-06T15:21:48.073-04:00107 ES points in just 19 hours. Should get a speed...107 ES points in just 19 hours. Should get a speeding ticket for that. ET, just thinking, if the highs are in and we don't find 5 waves down for wave i then this cannot be c of 4, correct?Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-18603766842644538472019-08-06T15:03:54.607-04:002019-08-06T15:03:54.607-04:00ES price just overlapped the 09:30 am ET, up wave....ES price just overlapped the 09:30 am ET, up wave. Today's high 'might' be the b wave of a flat, or a portion of a triangle.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-59559185417761362512019-08-06T14:54:25.387-04:002019-08-06T14:54:25.387-04:00Chart below. Can't find another way to count, ...Chart below. Can't find another way to count, just yet.<br /><br />https://invst.ly/bkvmv<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-24736204932820941532019-08-06T14:50:07.563-04:002019-08-06T14:50:07.563-04:00So far, up wave is 1.382 of the down wave to 11:35...So far, up wave is 1.382 of the down wave to 11:35.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-83628026748614404772019-08-06T14:43:20.586-04:002019-08-06T14:43:20.586-04:00Now too far for a 4th IMO. Pretty much put that id...Now too far for a 4th IMO. Pretty much put that idea to bed. ES approaching the trendline from underneath, another 15 or so points to go. My guess says it will go through it pretty easily. B wave bounce or move to new highs? Billy says B wave. B for Billy. Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-64564714854777730222019-08-06T14:36:03.303-04:002019-08-06T14:36:03.303-04:00Inside day so far on daily S&P 500 and almost ...Inside day so far on daily S&P 500 and almost back inside the lower bb. https://invst.ly/bkv06JChttps://www.blogger.com/profile/12364507507977901359noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-45449518016517832132019-08-06T14:32:52.984-04:002019-08-06T14:32:52.984-04:00FWIW cash now starting to look like 3 fairly equal...FWIW cash now starting to look like 3 fairly equal waves. Opens another door particularly if your looking for a 4th wave. Those 3 waves "could" develop into "a of iv". No strong conviction but possible. Looking at the cash numbers around the globe most stocks are still languishing badly. That could possibly mean 2 things. 1. We are still in the middle of a serious stock debacle or: 2. Stocks are now going rally several per cent.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-54033191798785336272019-08-06T14:19:57.011-04:002019-08-06T14:19:57.011-04:00ES 15-min: second green (up) fractal has broken.ES 15-min: second green (up) fractal has broken.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-33627863486151878472019-08-06T14:13:33.560-04:002019-08-06T14:13:33.560-04:00CAC: rally high 5673, crash low 5236, today's ...CAC: rally high 5673, crash low 5236, today's close 5238.<br />SPX: rally high 3028, crash low 2822, current price 2867.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-83608048695311021882019-08-06T14:11:40.736-04:002019-08-06T14:11:40.736-04:00In the overnight session we sure an impressive rec...In the overnight session we sure an impressive recovery in the futures but if one looks at the cash market stocks haven't recovered very much at all.<br />Milan: rally high 22358, crash low 20614, today's close 20654.<br />Madrid: rally high 9450, crash low 8694, today's close 8718.<br />DAX: rally high 12656, crash low 11566, today's close 11589. (Futures got to 11341)<br />CAC: rally high 5673, crash low 5238, today's close 5236.<br />Sydney: rally high 6878, crash low 6441, today's close 6480.<br />DOW: rally high 27400, crash low 25513, current price 25800.<br />SPX: rally high 3028, crash low 2822, current price 2667.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-11343817771358075102019-08-06T13:27:07.632-04:002019-08-06T13:27:07.632-04:00ES broke the first up fractal back, and nearing th...ES broke the first up fractal back, and nearing the 78.6% 'deep retrace'. Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-27421593399457707382019-08-06T13:26:12.668-04:002019-08-06T13:26:12.668-04:00It 'is' and expanding diagonal. It could b...It 'is' and expanding diagonal. It could be 'ending' rather than 'leading' as all diagonals.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-48174073682795271122019-08-06T13:07:47.193-04:002019-08-06T13:07:47.193-04:00Now there is another green (up) fractal, as below....Now there is another green (up) fractal, as below.<br /><br />https://invst.ly/bksv4<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-91090337082732388112019-08-06T13:04:16.177-04:002019-08-06T13:04:16.177-04:00If the expanding diagonal is not an expanding diag...If the expanding diagonal is not an expanding diagonal I wonder if we have all of the retrace. 30% for YM and ES and a bit over 50% in the cash market. DAX and CAC futures got to 40%. YM/ES/NQ/ RUT futures/ DAX futures/ CAC futures and Euro Stoxx 50 futures all seem to count okay as "5 up". All raced to the 38.2% retrace area of the y/c/iii wave making things look like i, ii, iii , iv. I'm not a big fan of the downward impulse count (yet). Very unusual to get "5 up" for "a of c of iv" across the board too. With "5 up" and shallow retraces we "may" be in a bullish few days at least. Certainly no interest in selling so far today.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-82496273568968802112019-08-06T12:52:02.300-04:002019-08-06T12:52:02.300-04:00There is now also a 'three-touch' trend li...There is now also a 'three-touch' trend line up from the lows.<br /><br />https://invst.ly/bksha<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-21248432417681635832019-08-06T12:19:40.651-04:002019-08-06T12:19:40.651-04:00There is yet another red (down)fractal on the ES 1...There is yet another red (down)fractal on the ES 15-min.<br /><br />https://invst.ly/bkrub<br /><br />TJ<br /><br />Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-61987452346730228252019-08-06T12:18:51.588-04:002019-08-06T12:18:51.588-04:00yes.yes.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-64161855931101050022019-08-06T12:02:59.571-04:002019-08-06T12:02:59.571-04:00ET, expanding diagonal down from today's high?...ET, expanding diagonal down from today's high? <br />LINK - https://imgur.com/v2pRWu8KShttps://www.blogger.com/profile/18149901824139546273noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-47171077616464763632019-08-06T11:15:23.208-04:002019-08-06T11:15:23.208-04:00Next down fractal just broke under the EMA-34.Next down fractal just broke under the EMA-34.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-61964401253638496672019-08-06T11:13:34.862-04:002019-08-06T11:13:34.862-04:00Here's an update on the fractals. One fractal ...Here's an update on the fractals. One fractal lower was hit at the EMA-34. That created both another red (down) fractal, and a green (up) fractal, as below.<br /><br />https://invst.ly/bkqoy<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-14322348434593156422019-08-06T10:53:19.976-04:002019-08-06T10:53:19.976-04:00Posted this about a month ago with Gann Fan lines....Posted this about a month ago with Gann Fan lines. Fascinating to watch which lines the market is adhering to. Yesterday hit the second box pretty square on! After what I assume will be a messy corrective sequence, I expect the third box to come into play at 2680-2640. Maybe 6ish weeks? Only time will tell!<br /><br />https://www.tradingview.com/x/w3mdnKQ9/Steven Mhttps://www.blogger.com/profile/07005882704465673523noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-78738133809809640372019-08-06T10:19:02.853-04:002019-08-06T10:19:02.853-04:00This is what I mean regarding an impulse, are you ...This is what I mean regarding an impulse, are you certain this is incorrect?<br />https://invst.ly/bkproErik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-89896851640123505522019-08-06T10:02:53.027-04:002019-08-06T10:02:53.027-04:00Perhaps these fifteen minute fractals would be sug...Perhaps these fifteen minute fractals would be suggestive of downside continuation, if hit below the EMA-34. Not before.<br /><br />https://invst.ly/bkpi1<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.com