tag:blogger.com,1999:blog-4251274909260261631.post4322733493358678527..comments2024-03-29T02:43:21.464-04:00Comments on Elliott_Trader: New all time HighElliott_Traderhttp://www.blogger.com/profile/14941335198945083652noreply@blogger.comBlogger36125tag:blogger.com,1999:blog-4251274909260261631.post-63885759062614329432020-01-09T16:37:50.096-05:002020-01-09T16:37:50.096-05:00A 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-55787431063971034662020-01-09T16:33:32.487-05:002020-01-09T16:33:32.487-05:00Interesting. Exactly 100% retrace of ES highs at t...Interesting. Exactly 100% retrace of ES highs at the close...Tachyonhttps://www.blogger.com/profile/10866268625664509045noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-58609044826535657352020-01-09T16:30:46.861-05:002020-01-09T16:30:46.861-05:00I am looking at a very similar drawn along the 2,4...I am looking at a very similar drawn along the 2,4 wave lows.<br />I kinda gave up on it when we failed to get the typical obvious fifth wave throw-over and dramatic breach of the trend-line prior to the close. The waiting game continues....Tachyonhttps://www.blogger.com/profile/10866268625664509045noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-44578427638391496402020-01-09T16:30:44.874-05:002020-01-09T16:30:44.874-05:00I think cycle topped today, ES can still make one ...I think cycle topped today, ES can still make one new high but SPX probably ended in a small truncation.... not sure what will happen, but i guess some kind of event will crash the markets starting tomorrow (ES ending diagonal started at 3181). <br /><br />so i am not expecting that ending diagonal that TJ has in his tracking, where he has (i) & (ii) i have (a) & (b)<br /> <br />take care,<br />KAVIKAVIAARhttps://www.blogger.com/profile/16654877861918568807noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-62264224286378811982020-01-09T15:38:14.230-05:002020-01-09T15:38:14.230-05:00A VIX gap higher I concede will NOT be a SUFFICIEN...A VIX gap higher I concede will NOT be a SUFFICIENT event to signal some kind of interim top, but I do think it NECESSARY one...Tachyonhttps://www.blogger.com/profile/10866268625664509045noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-42383070451138291822020-01-09T15:33:28.102-05:002020-01-09T15:33:28.102-05:00I cannot remember how many times I have counted im...I cannot remember how many times I have counted impulsive(yes five waves!) declines over the last few years and then eagerly tracked what I was confident would be a corrective wave up, only to watch in amazement as price unexpectedly continued to grind higher past 38, 62, 76% and on to make new highs. It may be my experience in this regard is unique but I have repeatedly fail to successfully call market direction using fib re-tracements alone...Tachyonhttps://www.blogger.com/profile/10866268625664509045noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-48384359850458655222020-01-09T15:28:12.453-05:002020-01-09T15:28:12.453-05:00Short-term, I'd keep an eye on the orange tren...Short-term, I'd keep an eye on the orange trend line<br /><br />https://invst.ly/pg17r<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-2443453420341461302020-01-09T15:25:24.143-05:002020-01-09T15:25:24.143-05:00ET -- do you have an ETA (approx) for (v) of ((a))...ET -- do you have an ETA (approx) for (v) of ((a))/ red "Or Top" ??<br /><br />I'm asking to see which count bests fits my (non EW) work, as I see only very low probabilities for either of those tops before FOMC, or thereabouts. Another way of putting this ... what count fits that timeline? No need to respond if you don't want to get ahead of yourself. I'm just sufficiently confident enough in my work that I rule out what doesn't fit, and in effect I'm sharing that outlook (fwiw to you, I understand).pedrohttps://www.blogger.com/profile/11219663386833988780noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-83844721465151334192020-01-09T14:51:09.714-05:002020-01-09T14:51:09.714-05:00ES 15-min retrace did not hold..marginal new high;...ES 15-min retrace did not hold..marginal new high; it's run out of time for a b wave..would be bigger than all of the first three waves up. Can still be vth in a diagonal.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-72875897519046206942020-01-09T14:28:22.113-05:002020-01-09T14:28:22.113-05:00Index may be laboring to strike 3280 upside target...Index may be laboring to strike 3280 upside target....Tachyonhttps://www.blogger.com/profile/10866268625664509045noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-32075519656399636442020-01-09T14:26:52.035-05:002020-01-09T14:26:52.035-05:00Was looking at DJIA on daily. Doji candle starting...Was looking at DJIA on daily. Doji candle starting to fill out though...Tachyonhttps://www.blogger.com/profile/10866268625664509045noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-2276212927652170072020-01-09T13:59:56.657-05:002020-01-09T13:59:56.657-05:00Here's a 78.6% retrace on the ES 5-min.
https...Here's a 78.6% retrace on the ES 5-min.<br /><br />https://invst.ly/pg06f<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-27172444392749504502020-01-09T13:59:27.021-05:002020-01-09T13:59:27.021-05:00@Tachy, timeframe of chart and market are unclear ...@Tachy, timeframe of chart and market are unclear in your comment.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-90078113902348381222020-01-09T13:48:02.292-05:002020-01-09T13:48:02.292-05:00Gap higher with a doji candle would be exquisite.
...Gap higher with a doji candle would be exquisite.<br />Will it issue in one more negation? The CBs are not foolin' around...!Tachyonhttps://www.blogger.com/profile/10866268625664509045noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-48465601943096001702020-01-09T13:04:04.581-05:002020-01-09T13:04:04.581-05:00It may not quite be done. Maybe in 5 now from Mond...It may not quite be done. Maybe in 5 now from Monday morningJoeMhttps://www.blogger.com/profile/08397819450901866117noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-39114902826960155932020-01-09T13:03:55.901-05:002020-01-09T13:03:55.901-05:00No AW328 .. I have no idea where you got that from...No AW328 .. I have no idea where you got that from.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-88987960015692902972020-01-09T13:02:11.869-05:002020-01-09T13:02:11.869-05:00Thanks Bob. That's the count I've seen on ...Thanks Bob. That's the count I've seen on AAPL too.Anonymoushttps://www.blogger.com/profile/12522412525350774245noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-39673868229330850682020-01-09T12:55:39.465-05:002020-01-09T12:55:39.465-05:00AAPL may have just completed a wave (3) of [5]. Ex...AAPL may have just completed a wave (3) of [5]. Expecting a drop of 22-45 to match wave 2. Previous 4th wave territories would be 286 and 257. I started the count from 2003.Bob_Johnsonhttps://www.blogger.com/profile/14070905799851621251noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-50599104328322067952020-01-09T12:55:04.615-05:002020-01-09T12:55:04.615-05:00@Bob .. just a little confusing to follow your ide...@Bob .. just a little confusing to follow your idea; where does your expanding diagonal start? link to chart?Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-38247779915631677112020-01-09T12:53:33.444-05:002020-01-09T12:53:33.444-05:00Cool Joe,
Often the top can be a day early, Thanks...Cool Joe,<br />Often the top can be a day early, Thankssammyhttps://www.blogger.com/profile/13112018154461390396noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-37486779444840776862020-01-09T12:47:15.638-05:002020-01-09T12:47:15.638-05:00Anyone have thoughts on AAPL? I read an analysis t...Anyone have thoughts on AAPL? I read an analysis that mentioned that every time apple has poked hard above its quarterly bollinger band, its produced a big correction (like end of 2018). It's way above its quarterly bollinger band now. Just wondering what this portends for the market.izardhttps://www.blogger.com/profile/15194657189580812239noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-17092197412539967632020-01-09T12:46:21.925-05:002020-01-09T12:46:21.925-05:00..wow.. time-wise a b wave can fit, by 1 candle!..wow.. time-wise a b wave can fit, by 1 candle!Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-26262810605137932622020-01-09T12:46:12.286-05:002020-01-09T12:46:12.286-05:00SPX: I have wave (iii) of expanding diagonal of [v...SPX: I have wave (iii) of expanding diagonal of [v] of 5 complete at high. 4th wave should go below 3246.84. If that plays out, then target for (v) would be around 3292.36 where 3-0 = 5-2. Remember that the May high ended with an expanding diagonal where 3-0 was VERY close to 5-2 but the 5th wave did truncate and was less than the 3rd wave. (v) will take at least 2.5 days to finish. (iv) needs to take at least an hour. Bob_Johnsonhttps://www.blogger.com/profile/14070905799851621251noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-23695284969585909542020-01-09T12:44:48.430-05:002020-01-09T12:44:48.430-05:00ES has taken out the low of the morning (not the f...ES has taken out the low of the morning (not the full overnight session). If a retrace sticks we either have an interim top as a diagonal or a "b" wave up. Checking on the b wave to see how it fits.<br /><br />https://invst.ly/pf-a6<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-38675948035914489842020-01-09T11:01:11.140-05:002020-01-09T11:01:11.140-05:00Payroll report tomorrow.Payroll report tomorrow.JChttps://www.blogger.com/profile/12364507507977901359noreply@blogger.com