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.
Monday, October 18, 2010
10/18/10 EOD Update
I added back my original count and labeled it as alternates. Looking at the MA chart, we are still in a bullish configuration and the 50 SMA is approaching the 200. I'm gonna leave room for an extended minute [iii] that targets 1190-1200.
If we run tomorrow and don't look back, my initial nested 1-2 count will come back into play.
AAPL just announced as I'm typing this and EPS came in at $4.64 vs 4.05. Looking at my MA charts