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.
Thursday, October 28, 2010
10/28/10 EOD Update
I just wanted to add the StrategyDesk version of the count to include the entire rally off the August lows.
This is the triangle as I see it. The green horizontal lines marks the levels signifying whether the triangle is wrong (lower green) or complete (upper green).
We may still be working on [C] or wrapping up [D] or just getting underway with [E]. Not going to waste my time with the squiggles. I'm long for the thrust and stops are in place if this is not a triangle.