Daneric's Elliott Waves: Elliott Wave Update ~ 2 November 2011 [Update 5:44PM]

Wednesday, November 2, 2011

Elliott Wave Update ~ 2 November 2011 [Update 5:44PM]

[Update 5:44PM: Some more squiggles. SPX and Wilshire. 1256 should be big resistance.

The DJIA probably has the best wave structure going for it at the moment. The 30 minute chart:

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Wave Labeling

Wave labeling color code as follows (note - [brackets] used in lieu of circles for convenience sake) :

Grand Supercycle - BLUE - [I] [II] [III] [IV] [V] - [a] [b] [c]
Supercycle - GREEN - (I) (II) (III) (IV) (V) - (a) (b) (c)
Cycle - PINK - I II III IV V - a b c
Primary - BLACK - [1] [2] [3] [4] [5] - [A] [B] [C]
Intermediate - RED - (1) (2) (3) (4) (5) - (A) (B) (C)
Minor - BLUE - 1 2 3 4 5 - A B C
Minute - GREEN - [i] [ii][iii] [iv] [v] - [a] [b] [c]
Minuette - PINK - (i) (ii)(iii) (iv) (v) - (a) (b) (c)
Subminuette - BLACK - i ii iii iv v - a b c
Micro - RED - [1] [2] [3] [4] [5] - [A] [B] [C]
Submicro - BLUE - (1) (2) (3) (4) (5) - (A) (B) (C)
Miniscule - GREEN - 1 2 3 4 5 - A B C

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Daneric's Elliott Waves

Wednesday, November 2, 2011

Elliott Wave Update ~ 2 November 2011 [Update 5:44PM]

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