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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Thursday, November 14, 2013
11/14/13 - EOD Update
The bulls continued with wave (3) today and has slightly exceeded equality with wave (1) (see 60 min chart). Well see if it completed today.
I have added another option on the 5 min chart, which calls for a bullish nested 1-2 i-ii up (in blue).
Per the daily chart, wave v=.618*i at 1805 so we can give the bulls the benefit of the doubt to push this higher.