Re: 01/17/2012 Intraday Watering
Posted: Tue Jan 17, 2012 2:08 pm
Looks like a descending triangle...breakout up?
The Intraday US Stock Market Discussion Board
http://bbs.cobrasmarketview.com/
U stinker, U waited till I was gone to call me old manBullBear52x wrote:ratio 1.618...enjoy swimming old manAl_Dente wrote:1 min...PS: is there something in the water here today????...Baron von SmartyPants, what golden ratio?...Baron I gotta run, you’re in charge of internals….stay smart…stay nimble…never forget the power of u know who...Uempel, see what I mean, KeiZai is Gann too, oy, let the fireworks begin…
Ahhh, now I get it, range is top down of SPX. Thanks a million.KeiZai wrote:uempel wrote:KeiZai, "Range is 5.8. We are at 10.9% of Range" relates to ticks, right? Thanks.KeiZai wrote:Update:
Bulls: 30 extreme ticks and bears: 8 extreme ticks. 56% pos ticks. Net Advancing is 274. Range is 5.8. We are at 10.9% of Range.
The Range is the amount that the SPX has moved from high to low during the session.The percent of the Range is where the SPX is currently trading within that range.
Nothing to do with Elliott Wave on this chart, but here is my work in progress setup on 5 min chart.Al_Dente wrote:PAGING TRAVELFROG
WTF?
I am not an EW person
Do they have a date projection or just the price target 1360???
Is it Prechter’s or somebody elses count?
Oy Oy Oy
THANKS THANKS
Travelfrog: I always saw King Cobras three push up/down as cousin to 1,2,3,4,5 waveTravelfrog wrote:It is software that I use for Elliott wave targets. I use them for guidance only on EOD. As always, a wave C can always extend into a wave 3 etc. The software does generate Signals also, but these should only be taken with support from other charting methods. The counts were just standard ABC targets that I projected manually.Al_Dente wrote:...I am not an EW person...Do they have a date projection or just the price target 1360???...Is it Prechter’s or somebody elses count?...
Cobra is actually using a form of Elliott Wave with his measured targets which seem to be standard ABC extensions.
Good point! Thxwaverider wrote:Has anyone noticed SPY closed at a 3-month high the day after Martin L. King in 2010 (JAN 19) and in 2011 (JAN 18)? Interesting.
Nice chart Travelfrog, narrow grey channel suggests a move. My ellipses suggest 14:20 pmTravelfrog wrote:Nothing to do with Elliott Wave on this chart, but here is my work in progress setup on 5 min chart.Al_Dente wrote:PAGING TRAVELFROG
WTF?
I am not an EW person
Do they have a date projection or just the price target 1360???
Is it Prechter’s or somebody elses count?
Oy Oy Oy
THANKS THANKS
I believe his 2 push up/down is reminiscent of an abc wave, and his 3 push up/down is reminiscent of a 5 wave.....Al_Dente wrote:Travelfrog: I always saw King Cobras three push up/down as cousin to 1,2,3,4,5 waveTravelfrog wrote:It is software that I use for Elliott wave targets. I use them for guidance only on EOD. As always, a wave C can always extend into a wave 3 etc. The software does generate Signals also, but these should only be taken with support from other charting methods. The counts were just standard ABC targets that I projected manually.Al_Dente wrote:...I am not an EW person...Do they have a date projection or just the price target 1360???...Is it Prechter’s or somebody elses count?...
Cobra is actually using a form of Elliott Wave with his measured targets which seem to be standard ABC extensions.
Anyway, thanks, I’m really gone now