 |
| ES |
 |
| EUR/USD |
 |
| DX |
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.
QUICK LINKS
▼
Friday, November 18, 2011
11/18/11 -Pre Market Update
Pre Market Update
This may have been a gimme but the bounce is lining up correctly based on what was presented last night. Keep an eye out for a possible descending triangle too. If it is, it would be considered a continuation pattern here.
The EUR/USD looks like it may be set to break out of a falling wedge.
The dollar may be looking to fall out of a rising bearish wedge but as you can see I left room for one more bounce to the upper TL if the lower TL holds.