Price was just shy of the 200 DMA.
We'll see if the market can recover 2072, which is the bottom of the previous range I've been tracking.
Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.
Possible this wave could be extending lower in 13waves. Will post charts later— Grand (@grand680) June 26, 2015
|5 Min - 12:55 PM|
|5 Min - 8:36 AM|
Closing out the remaining longs and taking a small short position— Grand (@grand680) June 10, 2015
|60 Min - 7:15 AM|
Near the end of the daytime to play a bounce. easy stop below 2067— Grand (@grand680) June 9, 2015
So far looks like it is there. Now what to do with that long position. We'll take half off and see what the reaction is here at the 50 DMA.Lets see if a mini inv h/s plays out here. Target just under the 50 dma— Grand (@grand680) June 9, 2015
|7:19 AM - 60 Min|