tag:blogger.com,1999:blog-6295816220567143055.post2965436457018581552..comments2023-10-19T03:15:44.159-07:00Comments on ***EW trends and charts, LLC********: Friday updatesMichael Eckerthttp://www.blogger.com/profile/04375800887149740795noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6295816220567143055.post-2142195115339145362010-05-22T07:25:38.437-07:002010-05-22T07:25:38.437-07:00Dow jones has formed a broadening formation in the...Dow jones has formed a broadening formation in the weekly chart. I am posting the link here.<br /><br />http://niftychartsandpatterns.blogspot.com/2010/05/dow-jones-weekly-chart-shows-broadening.html<br /><br />thank youSanhttps://www.blogger.com/profile/14560526783105546906noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-10691930167142036342010-05-21T23:02:21.605-07:002010-05-21T23:02:21.605-07:00Hi Michael
I have one simple question as I am no ...Hi Michael<br /><br />I have one simple question as I am no EW expert but I notice that another popular stockcharts blogger has this as a wave 1 down from the top to 1181 and then 2 up to 1209 then down to 1066 in 3 and up to 1173 in 4 and now doing 5 down..I know it seems simple but 4 doesn't overlap 1 and it guess it doesn't break any rules.BUT no REAL EW guy has anything like it even as an alternate...well I can't find one.<br /><br />So my simple question is what is so wrong with it?If this meant a 5 complete say even after a further squeaker low soon then that would also form a nice neckline of a larger h and s potentially and I guess the next wave 2 would even be in a position to go back to highs without breaking rules in a wave 2.<br /><br />Anyway Michael love your work and I hope you can shed some light on this...is it just a case of not having the look!..it just seems simple but still possible.<br /><br />CraigAnonymoushttps://www.blogger.com/profile/14266361297685224873noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-29143499477588807252010-05-21T14:39:26.523-07:002010-05-21T14:39:26.523-07:00I wouldn't be at all surprised to see this ent...I wouldn't be at all surprised to see this entire decline develop into a downwards sloping triangle. In which cas we've got some more ups and downs to go, probably with lower volume.<br /><br />The devaluation of the Euro is incredibly bullish for European equities, and once the uncertainty dies down a strong C wave advance might develop taking SPX to the 1400 area. Target date for that rally target is July next year.hatmanhttps://www.blogger.com/profile/08946816524710601294noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-81014447465223689332010-05-21T12:08:13.975-07:002010-05-21T12:08:13.975-07:00Dow 5 minutes shows a channel formation
http://ni...Dow 5 minutes shows a channel formation<br /><br />http://niftychartsandpatterns.blogspot.com<br /><br />thank youSanhttps://www.blogger.com/profile/14560526783105546906noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-26996902784691639012010-05-21T11:08:42.479-07:002010-05-21T11:08:42.479-07:00Mike, we also now have 1-4 overlap of submicro wav...Mike, we also now have 1-4 overlap of submicro waves in the current "impulse" in the NYSE.<br /><br />http://blankfiendsew.blogspot.com/2010/05/nyse-flash.htmlBlankfiendhttps://www.blogger.com/profile/00776266729333856098noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-29779841265386554072010-05-21T08:21:47.800-07:002010-05-21T08:21:47.800-07:00Thanks Blankfiend!!!Thanks Blankfiend!!!Michael Eckerthttps://www.blogger.com/profile/04375800887149740795noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-85017062701168055382010-05-21T07:44:56.331-07:002010-05-21T07:44:56.331-07:00Thanks Mike.
The NYSE did poke below that Feb low ...Thanks Mike.<br />The NYSE did poke below that Feb low this morning.Blankfiendhttps://www.blogger.com/profile/00776266729333856098noreply@blogger.com