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, October 18, 2013
10/18/13 - AM Update
If the ED (the way I have it labeled on the daily) is to play out, than wave (v) cannot exceed 1750 or it will be greater than wave (iii).
Daily - 11:06 AM
The bears need to sell this if they want to reverse the ED. Otherwise, the bulls were able to break out, which most likely means higher highs to come.
