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MeInGraySuit replied Nov 13, 2012So what is your upside targets for this wave up?
Elliott wave outlook
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MeInGraySuit replied Nov 13, 2012I agree that is why I use Bollinger Bands to help me back up my 1.618% of wave A I have that around .2779. Should see the BBands around there as well when we get there, first target to push through .2730

Elliott wave outlook
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MeInGraySuit replied Nov 13, 2012I still think we have one more push down to .2600 to finish off wave 5. This is what I have.
Elliott wave outlook
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MeInGraySuit replied Nov 13, 2012Pretty close to what I am seeing...however this might be only the first wave of 4 instead of a ABC, it might only be the first wave of A (which would be five waves). Remember this 4th wave can go as high as .2881 to be invalidated.

Elliott wave outlook
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MeInGraySuit replied Nov 13, 2012Risk Reward Olu!! Just protect yourself, right!
Elliott wave outlook
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MeInGraySuit replied Nov 13, 2012I am looking for three more waves up from here. Target .2730
Elliott wave outlook
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MeInGraySuit replied Nov 12, 2012Sorry that 1 and 2 on that third wave is not supposed to be there.
Elliott wave outlook
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MeInGraySuit replied Nov 12, 2012This is what I have Luis. Pretty much same results but I think there might be another wave. But we might be able to double dip on the 3 and 5th waves up. If this count is correct, hard to tell.
Elliott wave outlook
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MeInGraySuit replied Nov 12, 2012Reminds me of a JOKE! God told me when I died I could take one thing into heaven with me. So I decided to take a shiny GOLD BAR ! Something that I had worked all my life to get. When I died I went to heaven with my precious GOLD BAR and came before ...
Elliott wave outlook
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MeInGraySuit replied Nov 12, 2012Agreed! They are only possibilities! So GMONEY short 5 yards and push this thing DOWN!
Elliott wave outlook
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MeInGraySuit replied Nov 12, 2012Definitely acting like a C wave except I would like to see more momentum. But if we believe it will go to .3500 and beyond the support from below is preventing momentum down, me thinks.
Elliott wave outlook
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MeInGraySuit replied Nov 12, 2012Or instead of an ABC wave could this be an 12345 of a long C and we are only in the 3 wave down?
Elliott wave outlook
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MeInGraySuit replied Nov 12, 2012Yes this darn wedge has my count confusing as well!
Elliott wave outlook
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MeInGraySuit replied Nov 12, 2012Has anyone looked at 1.618% of wave A extended on to C puts us around 1.2600?
Elliott wave outlook