S&P Elliott Wave Counts

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Uploaded by on Mar 16, 2010

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NOTICE: Futures traders can and do lose money. No claims are made that the information provided here will insure gains or prevent loses. TRADE AT YOUR OWN RISK. NOTICE: Neither the information, the systems, nor any opinion expressed herein constitutes a representation by Smart Trades Inc., or a solicitation for the purchase or sale of any commodity futures, or options of any kind. Those using the information and systems herein for trading purposes are responsible for their own actions and no claim is made that the recommendations or systems will be profitable or that they will not result in losses. Smart Trades owners, employees, or members of their families may have a position in the markets contrary to the information or systems contained herein. PLEASE NOTE THAT THERE IS AN INHERENT RISK OF LOSS ASSOCIATED WITH TRADING FUTURES AND OPTIONS CONTRACTS, EVEN WHEN USED FOR HEDGING PURPOSES. PLEASE CAREFULLY CONSIDER YOUR FINANCIAL CONDITION BEFORE INVESTING IN FUTURES AND OPTIONS CONTRACTS. FUTURES TRADING IS NOT SUITABLE FOR ALL INVESTORS. NO CLAIMS ARE MADE THAT THE INFORMATION PROVIDED HERE WILL INSURE GAINS OR PREVENT LOSES. TRADE AT YOUR OWN RISK. PAST PERFORMANCE IS NOT NECESSARY INDICATIVE OF FUTURE RESULTS.

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Uploader Comments (T1systems)

  • large triangle started early nov low for Aearly Jan for B, Feb low as C late Feb for D & E, fromwhich final C we're in

  • @luvzpalin1 I didn't think of that, but I guess it could be an

    expanding triangle? However, expanding and contracting

    triangles tend to be continuation patterns. I've never heard

    of one being a terminal or C wave pattern. Anyone else?

  • an entire wave c can be a wedge

  • @luvzpalin1 Right, but where are you counting from?

    I can read minds only some of the time.

  • It looks like the last 10 trading days are a rising wedge on an hour chart. If this is correct then a massive drop is in order. This should complete the entire move up from march of last year.

  • @NocMonDude Please post your hourly count for "the last 10 trading days are a rising wedge on an hour chart." I don't see your 10 day wedge at all.

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All Comments (16)

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  • @NocMonDude Actually you just posted that you agree with him exactly! He too is

    calling for a crash.

  • @NocMonDude Do you know what google is? There are freeware screen capture programs. Also read "help" on youtube.

  • I'm not a Prechter follower but I do think he does good work. I disagree with his counts all of the time, especially on this move up since March.

    I'm trying to post my count but it's not a video - it's an image and I can't figure out how to do it.

    As soon as I can figure it out I will post it.

  • @NocMonDude So what's YOUR count from the March low?

    Please post it here on you tube. I want to see. What is your count from

    the year 2000 peak? I always want to see original thought. Or are

    you in the Precther camp?

  • Is there a way to post an image rather than a video? I'm new to youtube.

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