The bears certainly were able to reverse the bulls initial move, however, until 1525.34 is taken out, one can never be too sure since a larger triangle may still be in play (see blue tri).
60 Min |
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.
60 Min |