Stock Market Analysis With The Elliott Wave Principle
-Dow Jones, S&P 500, Russell 2000, Nasdaq and FX.
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Monday, August 19, 2013
8/19/13 - EOD Update
Da bulls should probably be cautious here because the bears are building some momentum with this wave. 1635 has wave iii or c at 2.618* i or a.
The 13 week EMA was taken out there is negative divergence on the daily and weekly.
The 200 day sits at 1550 so something the bears may have their eyes on.
