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, November 10, 2009
11/10 - SPX
This is all I have for tonight. If wave (c) of minute [ii] completed today, it extended a nice 1.618 x (a).
I think there is just a little more to go though if this count is correct. Subminuette v of minuette (c) has one final micro wave v to complete at just about 1096. Basically it will top near subminuette iii (red).
The bullish alternate would be that this is a minuette (iii) up and that P2 is not complete. If so, then refer to this chart posted yesterday.
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