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| SPX - 3 min |
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| ES - 60 M |
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| ES - 15 M |
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| HG - 60 M |
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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Wednesday, October 26, 2011
Pre Market Update
Pre Market Update
Pattern-wise here, may only be a bear flag and one more leg down is required. This would equate to a wave x bounce on the spx for my primary count.
So far I count 4 waves up off the 10/25 low. 3.435 is the level to watch to determine whether a new five wave impulse up is in play off the 10/25 low or if it only completed wave b red of a wave 2 flat.