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 - /ES, EUR/USD and /DX; Bear and Bull Count
Here's a look at my bear count that I have held for quite some time now. This would go with the Option2 count I presented in this post last weekend.
Here's the bull count with the bear option labeled as alternates.
All three are sporting some type of triangle and are in the ending stages before their respective thrusts.
The dollar index sports a triangle inverse to the EUR/USD and /ES. It appears they all need to put in their respective wave Es.