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.
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Sunday, January 30, 2011
ES - Wave 4 Flat
If we just witnessed the conclusion of a wave 4 flat, this is how I would count it for ES.
One thing to note, the top of the range (pink) would equate to a 62% retracement of Friday's decline.