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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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Tuesday, December 18, 2012
12/18/12 - 8:44 AM Intraday Update
8:44 AM
Something for the bears. Note the potential triple -ve divergence. Lets keep an eye on this.
8:37 AM
1435 may offer another opportunity to add to long positions if you want to trade a wave {v}. However, the daily chart below provides some evidence that 1440-1435 may hold as support. We'll see.
This option is out.
8:37 AM