emehoke

emehoke

bitcoin has been rolling in a downward sloping channel. selling the resistance/ supply zones would have been the best strategy for this type of market action. buying is possible, but requires more precise strategies.

emehoke

nasdaq is going higher in the heat of summer. My traders almanac says that summer is the bears time to shine, and the bulls are doing all the shining. What the frick m8.

emehoke

In this exercise I'm heavily focused on the process. There are no real conclusions drawn, and I wouldn't go and use this information in any way. Just another brick in the wall today. I thought about trying to overlay this pattern onto a chart, but then I realized that's entirely the backwards way of doing it. Please don't try to do that.

emehoke

I get very nervous making posts about tesla. I feel like saying anything negative about it will get me dragged out somewhere. Now that I say that I kind of want to make a post that paints it in a very bearish light just to spice things up a bit. That's probably a sign boredom is creeping in. -------- I was going to see if I could do some wave counting and...

emehoke

Corn made a scary move upward, and had an equal downward reaction. Those moves were so volatile I don't know if it means they cancel each other out, or what the deal is, but corn is basically back where it started, which is above a trendline break and low in the range, which is an area for long considerations.

emehoke

Oil took a dip this morning to the lower end. trying to chop the chart up in a way so that it makes just a little bit of sense. I feel like my brain was scooped out. I'm not taking any trades on oil, but I am trying to keep training how I see things.

emehoke

My idea is that price won't get too much lower meaning now is as good a time as any to get in if you're short on stock ideas.

emehoke

Corn is potentially setting up for a good move higher, but the staggered double top might dictate price lower still.

emehoke

nasdaq still going. hit 14600. New York continues to push it higher. Overnight retakes some gains back. According to my channel it's ready for some corrective behavior. Can't be sure when.

emehoke

Lean cattle, given the selection of m1 that I have chosen to focus my attention on, is showing Rule 7, condition c. This is an unfortunate selection for the lazy-hearted. Rule 7 Condition c has a lot of extensions, and given the different circumstances could be labeled with an F3, L3, L5, or sL3. I still don't know what those mean, but I can draw some...

emehoke

cattle are moseying upward. looking for continuation out of a bull flag with trendline support. I like the patterns I see here so I will plan to make an overly-complicated Elliot wave translation of what I'm seeing sometime within the next 10 hours. Regarding seasonality, I can't remember any good details on seasonality, but I can remember reading two pages on...

emehoke

Bull action recently, now some uncertainty. Bull flag is a little long for my liking, but the strength of the move into it is really good.

emehoke

Dow has been strong recently, and is now on the selling end of the trendline it created during that move. It has bullishly reacted off the recent .5 fib retrace, and it has bearishly given a long wick into a resistance area. I can't tell if this is a wild prediction or not to be fair. I think I may be getting too specific.

emehoke

nasdaq is showing continued strength and is still making some large bullish impulsions. It recently touched the top of the channel it has been riding in. Then it made a consolidating double top. Never say a market can't go higher, but a while back I did say that 14500 was a possible target so that would be kind of neat if the markets picked that area as a turn...

emehoke

This post is a combo of an elliot tutorial and an analysis from s/r. MGNI is above an important support/resistance line. Seems like it will continue higher. The s/r I am considering was around 33.50. ---- Elliot Wave condition "e" considerations (tutorial portion): If m2 (plus one time unit) is completely retraced in the same amount of time (or less) that it...

emehoke

Still making posts about VUZI. Apparently they are a real company, and they don't just exist inside the confines Tradestation. They make smart glasses with "growth of use in medical industry". I still don't really know what they do, but this shareholder letter is a sure sign that the company is well grounded and ready for explosive growth. If I had a pair of...

emehoke

mostly just mustering the energy to label additional waves beyond m0,m1, and m2. Feel like I have had one or both feet in the grave this past week. Ok, enough with the relaxing thoughts. I was going to say that this wave falls under rule 1 condition a... but I was trying to do this from memory, and I'm not that confident in what the logical extensions of rule 1...

emehoke

I like to keep up to date with scientific stuff when I can, and I recently watched a video on a breakthrough in quantum computing that says scientists are able to link three stations together quantumly, which is a major big deal that I cannot possibly comprehend. I was ok when they were entangling 2 things at a time, but linking 3 things is a new gear for me. Now...