$SPCX did the retest. After the first target at $172 it fell back into the $147-$158 base I posted in October, closed $147.79 on earnings day, and the report sent it to $161 overnight. Back above the base is what I wanted to see. $172.40 is the next line, then the IPO high at $225.64. The 0.5 at $140.62 is where this map fails.

$UNH is one of the few charts that already finished its 2. The run from $253 to $459 was 1 on my chart, five waves, and 2 came back as an (a)-(b)-(c) into the $372-$380 shelf, the old breakout level with the 200-day sitting on it. It bottomed at $363 on October 1st and has run 15% since. Healthcare plans rank 4th of 144 industries on relative strength, which is where I want a 3 to come from. A dip toward $400 would be a normal pause on the way. Below $363 I’m wrong.

Why I watch the crowd and not the news. A price is just people agreeing. Millions of them, swinging between hope and fear, and they do it in the same order every time: nobody believes the first leg up, everyone sees the third, confidence peaks at the top, then the bounce traps the late buyers and the fall takes the rest. That order is the whole reason Elliott waves work. #elliott #elliottwave

$GOOG finished the triangle. (e) tagged the lower line and the 200-day near $333 last week, and that’s 2 on my chart, a W-X-Y that took five months. $340 now. Same line as two weeks ago: a close above $350 and 3 is on, with the chart projecting toward $500 where 3 equals 1. Earnings on the 28th land inside that decision. Under $325 I’m wrong.

(e) has held the line for three sessions, $1,647 today, still inside the $1,689-$1,497 box. Nothing changes until a close above the (d) high at $1,874.

$MU bounced 3% yesterday to $905, and the y leg of 4 is still running on my chart. The box hasn’t changed, $830-$760 with the 200-day at $757 inside it, and the 0.5 at $658 is the deeper option if the first one doesn’t stop it. 4 is a w-x-y: w into $738 in July, x back to $1,109 in September, y now. RS 99 even after a 28% drop, which is why I’m patient with it. The yellow zone is where 5 should start, and 5 is the leg back above $1,255. Below $658 I’d rethink the 4.

Everyone sold into the same box: $SNDK is in the $1,346-$1,193 zone, the (ii) on my chart, 200-day inside it. Under $1,000 I’m wrong.

$AMD is already inside the box. The run from $440 to $658 was five clean waves, i on my chart, and this 20% pullback is ii, now $529 between the 0.5 at $550 and the 0.618 at $524. Second waves in a stock with RS 98 are the ones I want on my screen. iii is next, and the chart has room toward $760. Earnings on November 3rd sit just outside this window.