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.
Friday, August 28, 2009
SPX 8-27 PM Update
Nothing much to add tonight other than the count for what appears to be Minute [v] of Y. The count appears to be a straight up 5 count.
I highlighted a range which I believe where Minute [v] will end. Don't forget that price will be attracted to the previous fourth wave extreme.
There are trend channels as well that may help. Please refer to my previous post on this.
We will see.
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very nice job
ReplyDeleteof course there is no Y, last impulse ended in 1015... it is a new uptrend towards 1150
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