Al_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…
ratio 1.618...enjoy swimming old man
U stinker, U waited till I was gone to call me old man
I’ll get u for that, I'm gone now but I'll get u later...
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.
Ahhh, now I get it, range is top down of SPX. Thanks a million.
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)
Cobra, any updates to your top is around outlook? Have you loaded on any longs? Sorry it's just that it's hard to sit on shorts when the market is ripping up this strong. Thanks!
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
Nothing to do with Elliott Wave on this chart, but here is my work in progress setup on 5 min chart.
Momentum daily/weekly is slackening and I'd be a happy bear if it were not for P&Fs. This breakout is either a bullish signal or it's a top, check the tops in 2007 and 2011
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?...
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.
Travelfrog: I always saw King Cobras three push up/down as cousin to 1,2,3,4,5 wave
Anyway, thanks, I’m really gone now
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
waverider 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.
Good point! Thx
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)
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
Nothing to do with Elliott Wave on this chart, but here is my work in progress setup on 5 min chart.
The attachment SPX-5min-17-01-12.png is no longer available
Nice chart Travelfrog, narrow grey channel suggests a move. My ellipses suggest 14:20 pm
This is not a particularly large deal, but it is another sign of the continuing erosion of the ad hoc Bretton Woods II currency regime and a growing disorder in global banking.
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?...
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.
Travelfrog: I always saw King Cobras three push up/down as cousin to 1,2,3,4,5 wave
Anyway, thanks, I’m really gone now
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.....