Replies to post #36751 on Bagman's charts, watchlists, scans and etc.

[Jimski]

STEM Elliott analysis........
Nice example of an Elliot wave structure on an individual stock. IMO Elliott is less reliable and shows up less clearly on individual stocks then indexes. However with STEM we see a very nicely defined Elliot wave structure IMO and when this does show on a chart it makes analysis of it a lot easier. This chart says to me that there will be a final upward wave 5 a move up to at least the wave 3 high at $2.30. Just my opinion and I could be totally wrong.

[langlui]

Thanks Jimski!! Any update on the Elliott Wave Structure on VIX?

[captain america]

thats some great stuff right there Jimski! thanks for sharing!

I have a few questions about the ELLIOT wave on the back side of the run. I can see the bull run so to speak on the chart butt when it breaks down on the back side of the Head and shoulders I get a lil fuzzy. here is a monthly INDU chart am I close???

[captain america]

Hey thanks again Jimski I really appreciate you taking the time to explain things to me ;)


check out the Ichy cloud it follows exactly what you were talking about with your daily INDU chart...

the nice red cloud shows the resistance above the current price...hmmm?... small rally then look out below???