Where are the raging bulls?

[#1]

Since sewage seems to have creeped into the other posts (again) it time to now seriously look at this 30480 level as the violation of this as anticipated will open the way for a move to 30100. For the Elliott waveriders the expanded flat we indentified a while ago will now be confirmed.

[#2]

Hey alsi i dont say u wrong but i am not sure about a expanded flat because of the following reasons:- a.The price action presently is not if we are in a wave 3 of the c wave. b.If it is a expanded flat both a and b waves should be corrective.I am not sure if they are corrective. c.I would rather call this wave 4 with wave 5 up to follow in the channel(4 hr).Target of this wave bottom trendline of the channel.30

[#3]

30300+-target at most.

[#4]

didnt say u said i was wrong...just saying that for me violation 0f 480 which we always anticipated has conformed that this cannot be a new 5 wave structure up as you suggested. It is impossible for a 4th wave price action to move so significantly into wave 1 area. Elliott simply does not allow it.

[#5]

regardless of where we eventually get to the trade was still good for 400 points plus and it was an understanding of the potential of the scale of the move that Elliott brought to the table...(regardless of which count was correct ...or will be shown to be correct...what is more impressive is that this allowed us to stand our ground when the bulls were (trying to) all rage at their loudest.

[#6]

No No.Remember we said last move up was small wave 5 of extended wave 3 that started 28200.This wave 4 call now can therefore move down to 29000 before in wave 1 terrotary.But i think it will stay in the channel.

[#7]

clearly without a chart we talking past each other...this is what i am referring to...http://www.realchartist.com/forum/14-chart-patterns-and-technical-analysis-updates/1471-2-feb-elliot...

[#8]

RAMS AND MARK11 WHAT ARE YOUR CALLS.

[Mar-11]

iv got 5min abcde complete long trigger on e

[Mar-11]

cld possibly be a bounce 1 target 480ish....and then readd on retest of falling resistance about to come support.....longer tem see this as wave c(5 wave count from 870 b) complete

[Mar-11]

was expecting 300-311....but kinda ending diagonal but me out and long

[#12]

e complete?

[Mar-11]

above 430 and my ending diagional wld be confirmed....

[#14]

we do indeed have such a structure (only now) problem is target is very low (maybe just above 500) and will not get bulls out of trouble...

[#15]

Hope u did not get stopped.

[#16]

good call mark.

[#17]

thats was super pathetic on the bulls part ,,,just touch and RUN...have the bears got them that firmly on a leash?

[#18]

Hey Alsi u going to make your name Ninja.The market still got to go higher.

[#19]

of course it can....point is it it went 550 points in our favour first...if profit is taken thats all that matters

[#20]

Please just admid now that u were wrong and there was no expanded flat before u start calling the diagonal now.