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volume surge, might see rebound here. bears need pray the rebound is weak or better just a consolidation.
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Ah, thanks Cougar. Here's a massive ellipse on the weekly $NATGAS, which also appears to be testing a long term trend line. Of course I don't want to try catching the falling rock quite yet.
[attachment=0]$NATGAS.png[/attachment
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"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"
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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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…
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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…
ratio 1.618
enjoy swimming old man
My comments are for entertainment/educational purpose only. NOT a trade advice.
waverider wrote:Ah, thanks Cougar. Here's a massive ellipse on the weekly $NATGAS, which also appears to be testing a long term trend line. Of course I don't want to try catching the falling rock quite yet.
[attachment=0]$NATGAS.png[/attachment
That is interesting...In particular, because of the log scale of price...
We shall see...
waverider wrote:Ah, thanks Cougar. Here's a massive ellipse on the weekly $NATGAS, which also appears to be testing a long term trend line. Of course I don't want to try catching the falling rock quite yet.
[attachment=0]$NATGAS.png[/attachment
That is interesting...In particular, because of the log scale of price...
We shall see...
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.
KeiZai, "Range is 5.8. We are at 10.9% of Range" relates to ticks, right? Thanks.
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.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
waverider wrote:Ah, thanks Cougar. Here's a massive ellipse on the weekly $NATGAS, which also appears to be testing a long term trend line. Of course I don't want to try catching the falling rock quite yet.
[attachment=0]$NATGAS.png[/attachment
That is interesting...In particular, because of the log scale of price...
We shall see...
Cougar, ellipses work on log too.
Thank you Uempel! I did not know that...but, yes...they should!
Good to know!
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
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.
Cobra is actually using a form of Elliott Wave with his measured targets which seem to be standard ABC extensions.