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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Monday, December 2, 2013
12/2/13 - EOD Update
The bears have a decent setup for the first time in a while. A bearish head and shoulders pattern targets 1791 below.
However, so far, there are only three waves down at the moment and the 60 min chart below may present a case for one more push to new highs to complete what could be an ending diagonal.
