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.
Tuesday, October 13, 2009
TRANS - 10/13
Here's an update to the TRANS since my last post. It looks like since that posting, price has been respecting the 61.8% retracement and today ended with a Hanging Man candlestick.
Will this hanging man mark the top for this potential wave ii? Could CSX's ER skew this and not confirm the reversal at hand?
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