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.
Wednesday, October 6, 2010
10/6/10 EUR/USD
My suspicions were correct since my last post on 10/4. This was a nice looking count granted the wave 4 red out of the ending diagonal for 3 red was not as deep as I had anticipated.
Once this leg completes, we'll have to figure out if this is only wave 3 or c of a larger corrective move. Again, when I get some time, I'll post a larger view.