tag:blogger.com,1999:blog-4251274909260261631.post7662818514321579532..comments2024-03-28T12:28:41.326-04:00Comments on Elliott_Trader: Anyone Paying Attention Yet?Elliott_Traderhttp://www.blogger.com/profile/14941335198945083652noreply@blogger.comBlogger29125tag:blogger.com,1999:blog-4251274909260261631.post-51517888106724859802019-08-12T16:45:21.881-04:002019-08-12T16:45:21.881-04:00A 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-65236882660178364422019-08-12T16:26:20.737-04:002019-08-12T16:26:20.737-04:00YM/ES my vote says in 4 of v down from the recent ...YM/ES my vote says in 4 of v down from the recent highs which, if correct, means futures are not quite done but nearly done and we should expect a retrace tomorrow.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-61152979098812586842019-08-12T15:30:19.661-04:002019-08-12T15:30:19.661-04:00Nothing in my statements alludes to trading. The o...Nothing in my statements alludes to trading. The opposite of patience, calm and flexibility is just a high degree of confidence in a count. The A-B-C finished with a truncation in the over night.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-3983300000957799602019-08-12T14:47:22.227-04:002019-08-12T14:47:22.227-04:00Think we can cancel the b wave option.Think we can cancel the b wave option.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-75097358553871804482019-08-12T13:59:39.358-04:002019-08-12T13:59:39.358-04:00YM/ES now at the same level from the big rally on ...YM/ES now at the same level from the big rally on Thursday began.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-77846383684079356722019-08-12T13:54:30.975-04:002019-08-12T13:54:30.975-04:00The market looks weak but FWIW the 138.2 markers f...The market looks weak but FWIW the 138.2 markers for potential b wave are near 25942 & 2882.7 noting that 2960 & 2886 are already enough to satisfy an expanded b wave.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-6231398845222649792019-08-12T13:44:36.917-04:002019-08-12T13:44:36.917-04:00The lows of the day where made a couple of hours a...The lows of the day where made a couple of hours ago. Now testing those lows again. Still thinking a retracement back up is a possibility. If so YM/ES would have to be in a b wave currently, an expanded b wave if lower lows are made.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-10269781785733163422019-08-12T13:15:30.988-04:002019-08-12T13:15:30.988-04:00Keeping it simple, S&P 500 daily futures still...Keeping it simple, S&P 500 daily futures still below the 18ma (which is pointing down) and possibly finding rejection at the 100ma with the slow stoch. pointing up but beginning to wane around the 50 area. https://invst.ly/bpnddJChttps://www.blogger.com/profile/12364507507977901359noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-19012212295862328672019-08-12T12:20:20.257-04:002019-08-12T12:20:20.257-04:00https://i.imgur.com/RKyZZe9.png
I only think B is...https://i.imgur.com/RKyZZe9.png<br /><br />I only think B is bigger than 2 and 4 is the problem if anyErik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-43897077860582385862019-08-12T12:18:59.481-04:002019-08-12T12:18:59.481-04:00YM & Dow did not truncate on Friday and now it...YM & Dow did not truncate on Friday and now it is possible to count 5 down. From its possible truncation point it is also possible to count 5 down on ES. Something to watch for and this would imply a retracement rally. 50 & 62 retrace on ES is at 2910 & 2915. I wish I could get the trifecta with NQ but I can't say I can.Billyhttps://www.blogger.com/profile/04789527978026192974noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-20867200762596296512019-08-12T12:02:57.834-04:002019-08-12T12:02:57.834-04:00Joe -
Hope you had a good weekend. Two part quest...Joe -<br /><br />Hope you had a good weekend. Two part question:<br /><br />You frequently point out to us when patient, calm, and flexibility is required. This naturally begs the question, will you tell us when it's time to panic? Futhermore, a panic for what? go short, cover longs? I get that your blog is about counting waves, but patient/calm/flexbility seems to be alluding to trading. Just seeking clarity here.<br /><br />With regards to counting (still on 1 hr charts), it looks like impulse for a C wave is invalidated due to overlap of wave i and iv. Either an abc retrace is finished or this thing is turning into a double ZZ or a WXY setup which takes us to around 2960 for one more higher corrective high. Do you see any way to get to new all time highs?<br /><br />Thx<br /><br />-TJTJhttps://www.blogger.com/profile/02051746863606911254noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-17393670233128050512019-08-12T10:57:24.053-04:002019-08-12T10:57:24.053-04:00@Erik, no, then wave four in longer in time than w...@Erik, no, then wave four in longer in time than wave two - which is not the characteristic time signature of a diagonal.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-10936108361702559572019-08-12T10:37:43.427-04:002019-08-12T10:37:43.427-04:00Au contraire, Mr. Todd. The record shows every tim...Au contraire, Mr. Todd. The record shows every time you have gone "super bullish" with your opinionated statements, you have been incorrect each time. My published article on Saturday is titled "No impulse". There was a 6+ point truncation in the overnight last night, and we are lower this morning. We did not impulse up. I believe I rather expertly positioned my readers over the weekend for what today is. If you do not know EW (as you say it is not worth learning so you must not know it), then it is clear why you don't think so. Come back when you start your own website with the "Mr. Todd Method", and we'll see how you do.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-24269242948370097372019-08-12T01:38:45.120-04:002019-08-12T01:38:45.120-04:00Hi TJ
EW is not worth learning, imo. I rely on s...Hi TJ<br />EW is not worth learning, imo. I rely on smart people like you to give me a direction using EW. But if I look back at the past year, EW would put a trader /investor on the wrong side of the trade more that half the time time. Toddhttps://www.blogger.com/profile/04106518316301480635noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-81245950796937433562019-08-11T17:49:08.975-04:002019-08-11T17:49:08.975-04:00Not if we use the second swing high from low as1, ...Not if we use the second swing high from low as1, but then b of 1 is bigger than 2.. Is that ok? In an diagonal 1 is the extended waveErik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-55098928382675544372019-08-11T17:35:40.028-04:002019-08-11T17:35:40.028-04:00EWO profile fits too.~150 candles on 10 min chart....EWO profile fits too.~150 candles on 10 min chart.Chttps://www.blogger.com/profile/16866527393964615605noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-68785834265766657882019-08-11T17:24:13.445-04:002019-08-11T17:24:13.445-04:00Possible 5-wave count with 3 just about equal to 1...Possible 5-wave count with 3 just about equal to 1.618*1.<br /><br />https://invst.ly/bomzmLGhttps://www.blogger.com/profile/01440400815533467060noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-52438793122332993372019-08-11T17:20:59.539-04:002019-08-11T17:20:59.539-04:00..'could' form an impulse; but hasn't .....'could' form an impulse; but hasn't yet.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-21310274769361477592019-08-11T17:20:34.127-04:002019-08-11T17:20:34.127-04:00Re: Fang index; three would be longer in time than...Re: Fang index; three would be longer in time than one?Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-38522649960660729322019-08-11T15:15:35.873-04:002019-08-11T15:15:35.873-04:00Nothing wrong with this leading diagnoal on FANG i...Nothing wrong with this leading diagnoal on FANG index?!<br /><br />https://i.imgur.com/QVHxItt.pngErik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-5657699618307934922019-08-11T15:14:34.135-04:002019-08-11T15:14:34.135-04:00I'm following Apple as well. Doesn't it lo...I'm following Apple as well. Doesn't it looks like 5 down from the top too? Also MSFT retraced 76%. Chttps://www.blogger.com/profile/16866527393964615605noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-69480946866654494312019-08-11T15:11:31.369-04:002019-08-11T15:11:31.369-04:00If so cash index might do it’s 3, but as a bigger ...If so cash index might do it’s 3, but as a bigger degree<br /><br />https://i.imgur.com/uawvaqv.pngErik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-59407409043604872412019-08-11T15:03:25.851-04:002019-08-11T15:03:25.851-04:00So ”a” on the above chart is 1? I mean there might...So ”a” on the above chart is 1? I mean there might be a reason why non of the indices did overlap 1 or even any part of 2? Erik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-74041570323250401062019-08-11T14:58:54.374-04:002019-08-11T14:58:54.374-04:00Why not just a simple impulse from 2780 with 5 yet...Why not just a simple impulse from 2780 with 5 yet to come? Probably as the extended wave? Erik Bhttps://www.blogger.com/profile/14192236925594985316noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-84307037242100786402019-08-11T13:18:40.259-04:002019-08-11T13:18:40.259-04:00Apple retraced exactly 38.2% last Thursday, and at...Apple retraced exactly 38.2% last Thursday, and at least on Friday did not exceed that retracement.LGhttps://www.blogger.com/profile/01440400815533467060noreply@blogger.com