10/13 - 5 min
10/12 - 5 min
Daily
EDIT: 7:50PM PST: I just realized that I labeled the top of the daily chart as a Minor C. That should be labeled Intermediate (C).
I think most viewers of this blog view Dan and Kenny's blogs as well so I'm not going to put up a bullish count. I agree with their bullish counts so why create more work.
However, I still don't trust this market so I will continue to post the bearish counts with the limited time I have.
Compare today's 5 min chart with yesterday's. Subminuette v just about hit it on the nose of the fib projection at 161.8% of waves i and iii. Does this always happen and is it very useful? I'm not sure.
I just thought it was interesting to point out since I put it up on yesterday's 5 min chart.
The daily chart I posted speaks for itself. Did we top? I guess we will find out here shortly.
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.
What do you think of the U.S. DOLLAR INDEX?
ReplyDeleteIs it about to bottom?
thx
neo
Neo,
ReplyDeletei'll be honest. i haven't been keeping track (chart-wise). dan, kenny and ewi have been doing this and it has been a pain so i have not truly tried to chart it. sorry.