tag:blogger.com,1999:blog-4251274909260261631.post7343275056679773099..comments2024-03-29T02:43:21.464-04:00Comments on Elliott_Trader: Still Nothing Preventing Wave Minuet (iv)Elliott_Traderhttp://www.blogger.com/profile/14941335198945083652noreply@blogger.comBlogger69125tag:blogger.com,1999:blog-4251274909260261631.post-63264561033898579872019-01-04T19:12:00.259-05:002019-01-04T19:12:00.259-05:00If we start from here it will be easier to focus o...If we start from here it will be easier to focus on the current wave from 3/12Erik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-80780716205924512752019-01-04T19:08:57.795-05:002019-01-04T19:08:57.795-05:00Marc, how do you count move from 3/10-29/10? I can...Marc, how do you count move from 3/10-29/10? I can't measure anything else except the contracting diagonal, you can't subdivide it and still follow the rules, and because of this it can only be A:5 or 1:5. Erik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-86698630171755392652019-01-04T17:00:23.034-05:002019-01-04T17:00:23.034-05:00And to be clear, (iv) is still on the table (per J...And to be clear, (iv) is still on the table (per Joe's 1/4/19 post) until (i) is taken out at 2583. Gosh, it looks awfully stretched, but still possible...RandomThoughtshttps://www.blogger.com/profile/14111931392105508453noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-28326965726144796172019-01-04T16:48:34.627-05:002019-01-04T16:48:34.627-05:00Totally agree Marc. That's been in the back of...Totally agree Marc. That's been in the back of my mind for some time, but admittedly a very low probability until today. It would help to explain why (iv) seems to have traveled a disproportionate amount of time and price in relation to (ii), why the EWO exceeded the typical guidelines for (iv), why (v) has not yet materialized, and why ((iii)) stopped way short of a 1.618 extension of ((i)). That said, ((iv)) must still be on the radar until ((i)) is taken out at 2603 SPX. If we are in an expanding leading diagonal, a of ((iv)) would equal c of ((iv)) at approximately 2620 SPX, just enough to overlap ((i))...RandomThoughtshttps://www.blogger.com/profile/14111931392105508453noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-86484878462645620062019-01-04T16:47:27.650-05:002019-01-04T16:47:27.650-05:00This comment has been removed by the author.RandomThoughtshttps://www.blogger.com/profile/14111931392105508453noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-176931124351919542019-01-04T16:43:14.540-05:002019-01-04T16:43:14.540-05:00Marc,
Good catch. At a glance it looks like a defi...Marc,<br />Good catch. At a glance it looks like a definite possibility but I'll defer to Joe. The sell-off that started in October of 2007 looks very similar. Ronbhttps://www.blogger.com/profile/08968252099408051624noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-68688572567667512472019-01-04T16:39:16.537-05:002019-01-04T16:39:16.537-05:00Expanded C wave of (iv) ET ?Expanded C wave of (iv) ET ?Matteohttps://www.blogger.com/profile/11510052174187558026noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-13797855502226911192019-01-04T16:32:10.261-05:002019-01-04T16:32:10.261-05:00New maximum have been touched in wave 4 ! New maximum have been touched in wave 4 ! Matteohttps://www.blogger.com/profile/11510052174187558026noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-27939517237649578192019-01-04T16:07:16.537-05:002019-01-04T16:07:16.537-05:00One other WXY to ponder. Start from Jan '18 hi...One other WXY to ponder. Start from Jan '18 high (charts like an expanding flat). All w4. :o)tachartshttps://www.blogger.com/profile/16659504334244491530noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-48144889190721125132019-01-04T16:02:15.316-05:002019-01-04T16:02:15.316-05:00Certainly possible. A nice .786 retracement for X ...Certainly possible. A nice .786 retracement for X works for me! :o)tachartshttps://www.blogger.com/profile/16659504334244491530noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-27769509908478611722019-01-04T15:06:19.895-05:002019-01-04T15:06:19.895-05:00leading diagonal to kick off bear market. extreme...leading diagonal to kick off bear market. extremely bearish. 2601 not too far away<br />https://imgur.com/a/U9E2SmImarchttps://www.blogger.com/profile/07052320308995707365noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-517118558502288052019-01-04T14:52:55.404-05:002019-01-04T14:52:55.404-05:00I have no issue with your statement.I have no issue with your statement.Pittsburgh Tomhttps://www.blogger.com/profile/16280717828272526138noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-7468359939486112682019-01-04T14:47:30.761-05:002019-01-04T14:47:30.761-05:00the abc will be W of WXYthe abc will be W of WXYmarchttps://www.blogger.com/profile/07052320308995707365noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-41723310089363651362019-01-04T14:44:03.285-05:002019-01-04T14:44:03.285-05:00i think 1 more leg <25 points and its a diagona...i think 1 more leg <25 points and its a diagonal different countmarchttps://www.blogger.com/profile/07052320308995707365noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-39336486579698182812019-01-04T14:41:06.357-05:002019-01-04T14:41:06.357-05:00i believe 240 minutes (126 bars) EWO within 10% of...i believe 240 minutes (126 bars) EWO within 10% of zero linemarchttps://www.blogger.com/profile/07052320308995707365noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-5143304589036702272019-01-04T14:15:26.224-05:002019-01-04T14:15:26.224-05:00Thnx ET, i was lost hunting for ending diagonal, t...Thnx ET, i was lost hunting for ending diagonal, this helps !Elliott_Day_Traderhttps://www.blogger.com/profile/02044466530858169594noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-1243595735347116472019-01-04T14:10:19.974-05:002019-01-04T14:10:19.974-05:00Thanks Joe. A 5 min chart is what I stare at all d...Thanks Joe. A 5 min chart is what I stare at all day long. Don't know how I missed the triangle. Must be getting loopy staring at charts. lolPittsburgh Tomhttps://www.blogger.com/profile/16280717828272526138noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-41947317156437983212019-01-04T14:06:47.606-05:002019-01-04T14:06:47.606-05:00Tom: I show (i) through (iii) as 95 bars, right? S...Tom: I show (i) through (iii) as 95 bars, right? So (iv) has met the minimum requirements in terms of price and time. If it ran .62 of 95, it could still run through mid-day Tuesday 1/8. Is that what you show?<br /><br />(Wave 4 of an impulse only has two rules: it never moves beyond the end of wave 1; it always subdivides into a zigzag, flat, triangle or combination. So far, (iv) is adhering to these rules. Everything else is guidelines. I agree that it is, so far, a combination.)Kelly Ohttps://www.blogger.com/profile/07371868036810324744noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-22752901505243895442019-01-04T14:06:41.214-05:002019-01-04T14:06:41.214-05:00On a cash 5-min chart; the gray line is drawn so t...On a cash 5-min chart; the gray line is drawn so that no part of a third wave is cut off. Then 5 < 3 < 1 is possible.<br /><br />https://invst.ly/9p1e0<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-28011969828603289532019-01-04T14:03:50.089-05:002019-01-04T14:03:50.089-05:00If I look at today's up move on a 2 min chart ...If I look at today's up move on a 2 min chart (150 bars) it looks like wave 1 was the extended wave. It looks like 3 has a negative divergence and possibly in 4 currently. Just an amateur asessment.Pittsburgh Tomhttps://www.blogger.com/profile/16280717828272526138noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-17518846288420213792019-01-04T13:53:02.750-05:002019-01-04T13:53:02.750-05:00On 30 mins spx chart, am seeing overlap of 4th wav...On 30 mins spx chart, am seeing overlap of 4th wave with wave 1 from todays morning.<br />wave 1.Elliott_Day_Traderhttps://www.blogger.com/profile/02044466530858169594noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-54704759590274210162019-01-04T13:49:27.951-05:002019-01-04T13:49:27.951-05:00My thoughts are running towards another pattern. A...My thoughts are running towards another pattern. As I said, a diagonal Would have to be just an A leg of 4. 4 is already 50% as long as 1-2-3 combined. With what you are proposing by the time 4 completes it would just be too disproportional in time to the rest of the wave. Not the right look as it says in the book. I am leaning towards something more complex like a w-x-y.Pittsburgh Tomhttps://www.blogger.com/profile/16280717828272526138noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-18418385928469372662019-01-04T13:46:36.694-05:002019-01-04T13:46:36.694-05:00Yes, I have read it a long time ago must have forg...Yes, I have read it a long time ago must have forgotten..or maybe just confirmation bias lolErik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-38112496625152301622019-01-04T13:41:00.561-05:002019-01-04T13:41:00.561-05:00No problem Erik. The EWO is a great tool if used p...No problem Erik. The EWO is a great tool if used properly. I would suggest you read the eight fold path method with the link in the top right hand corner of the page. It's so important that Joe has given it a permanent place on the page.Pittsburgh Tomhttps://www.blogger.com/profile/16280717828272526138noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-70426179661457223322019-01-04T13:35:51.851-05:002019-01-04T13:35:51.851-05:00Okey didn’t know 4 had to have 120 candles thanksOkey didn’t know 4 had to have 120 candles thanksErik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.com