tag:blogger.com,1999:blog-4251274909260261631.post3043927639112974877..comments2024-03-28T15:36:44.915-04:00Comments on Elliott_Trader: Weekend Video - Steps to Confirming an Impulse WaveElliott_Traderhttp://www.blogger.com/profile/14941335198945083652noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-4251274909260261631.post-50870050810637509012019-08-26T17:00:23.286-04:002019-08-26T17:00:23.286-04:00A 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-55657794536999029702019-08-26T16:44:18.949-04:002019-08-26T16:44:18.949-04:00I see 3 possible propositions for a bear count:
1....I see 3 possible propositions for a bear count:<br />1. i down and now in ii up.<br />2. i, ii, iii down and now in iv up as part of an expanding diagonal.<br />2. i, ii, iii down and now in a ivth wave triangle.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-77948803365251702422019-08-26T16:23:13.871-04:002019-08-26T16:23:13.871-04:00Even though nothing has technically busted in cash...Even though nothing has technically busted in cash; the wave has lost quite a bit of it's proportion and "right look". I'll suggest the better alternate in the next post. TJ suggested it earlier.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-60344464578370519422019-08-26T16:02:47.529-04:002019-08-26T16:02:47.529-04:00Trouble is this now looks like an impulse from 281...Trouble is this now looks like an impulse from 2810.25BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-64196679918992300972019-08-26T15:28:50.942-04:002019-08-26T15:28:50.942-04:00ES 5 minute triangle?ES 5 minute triangle?BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-49252457915004099992019-08-26T14:33:05.687-04:002019-08-26T14:33:05.687-04:00Here's where things stand at this time: price ...Here's where things stand at this time: price is back below the EMA-34, the EWO has red histogram bars, and price is with the wave iii x 50% level. So, a flat or triangle remains on the table. A wave iv 'should' take more time in an impulse that wave ii.<br /><br />https://invst.ly/bwsyk<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-88408187854231562012019-08-26T13:15:11.111-04:002019-08-26T13:15:11.111-04:00As best I can tell in cash, there are three-waves ...As best I can tell in cash, there are three-waves up. The EWO is now above the zero line, the channel has been attacked, and price has risen above the declining EMA-34.<br /><br />https://invst.ly/bwruy<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-18458888632428230932019-08-26T11:55:16.261-04:002019-08-26T11:55:16.261-04:00Joe -
General degree related question for you: So...Joe -<br /><br />General degree related question for you: So far, this is what we know about ES:<br /><br />Wave 1: 3027 to 2776<br />Wave 2: finished at 2936<br />Current Wave: Working on wave i of 3<br /><br />If I got my facts above wrong the my question is moot. But if the they're right, my question then is..<br /><br />If wave i of 3 finishes a bit lower (or more) than overnight lows in ES, then if wave iii of 3 happens to be a 1.618 extension of wave i of 3, it would result in a wave iii being longer than wave 1. <br /><br />Is that a degree violation? I would think this occurs fairly frequently particularly when a wave 3 extends out to 262 or 424 extension. Sure iii of 3 then would be longer than 1.<br /><br />ThanksTJhttps://www.blogger.com/profile/02051746863606911254noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-46625869346535145822019-08-26T11:35:14.370-04:002019-08-26T11:35:14.370-04:00ya good point, I was thinking that the proportions...ya good point, I was thinking that the proportions in SPX vs ES 4th waves would look weird if they're on the same wavelength (count). But the ES triangle has plenty of time in the night session to develop while the Cash can look different and still be on same count.TJhttps://www.blogger.com/profile/02051746863606911254noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-36425315846478558862019-08-26T11:31:05.057-04:002019-08-26T11:31:05.057-04:005th rejection at the upper trend line starting fro...5th rejection at the upper trend line starting from 2934 ES. This gonna hold?Chttps://www.blogger.com/profile/16866527393964615605noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-88907257249932575802019-08-26T11:20:25.631-04:002019-08-26T11:20:25.631-04:00IF 2,880 ES holds, then consider a triangle fourth...IF 2,880 ES holds, then consider a triangle fourth in ES, versus either a triangle or flat in cash?Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-49248358231332358782019-08-26T10:43:18.344-04:002019-08-26T10:43:18.344-04:00As the video states, we're working through iv ...As the video states, we're working through iv in SPX, but any thoughts on whether SPX futures (ES) is also doing the same or is it ahead and working on a larger degree wave 2 retrace? (which may also be finished)TJhttps://www.blogger.com/profile/02051746863606911254noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-74616737880148492402019-08-26T08:46:02.719-04:002019-08-26T08:46:02.719-04:00Trying to hold the 5 min channel.
Trying to hold the 5 min channel.<br /><br />BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-47107083652371442922019-08-26T08:22:49.515-04:002019-08-26T08:22:49.515-04:00ES - either it was only 3 waves down, or you count...ES - either it was only 3 waves down, or you count wave 0 from 2am on Aug 23. Rejected at 62% so farChttps://www.blogger.com/profile/16866527393964615605noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-39084083964561268852019-08-25T22:56:06.279-04:002019-08-25T22:56:06.279-04:00Thanks Joe - I qualify as a less experienced obser...Thanks Joe - I qualify as a less experienced observer and I appreciate the explanation. Thank you!<br />carpenteraunthttps://www.blogger.com/profile/13671785412243273250noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-25937291493366456782019-08-25T21:16:20.798-04:002019-08-25T21:16:20.798-04:00With the new ES low, I can see that (i) could be d...With the new ES low, I can see that (i) could be done. BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-16508870033798412192019-08-25T21:07:22.001-04:002019-08-25T21:07:22.001-04:00Yes, (iii) 'should' be shorter than ((i))....Yes, (iii) 'should' be shorter than ((i)).Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-88015175340923575012019-08-25T19:50:04.023-04:002019-08-25T19:50:04.023-04:00ET - if this plays out - (i) of ((iii)) ends Tuesd...ET - if this plays out - (i) of ((iii)) ends Tuesday-ish, time-proportionate (ii) ends about Labor Day, then the big (iii) down.<br /><br />Does (iii) have to be shorter than ((i))?JoeMhttps://www.blogger.com/profile/08397819450901866117noreply@blogger.com