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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Monday, March 19, 2012
3/19/12 - EOD Update
A busy Monday for me so this is short.
Some -ve MACD divergence and I don't have time to count the squiggles today so not sure if this puppy may extend some more.
SPX - 30 Min
SPX- 60 Min
Tap the mid and top channels. MACD -ve divergence on the hourly as well.
Note where [5]=[1]
BAC- Daily
Is BAC complete with five waves up or just 3 of 5?