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.
I was watching that wedge last Fri. The bulls broke thru the wedge and charged hard.
However, the bears are thinking right shoulder. Tbe H/S targets approximately 1790. That would make a 62% retracement of the move since the 2/4 low. We'll see who wins this.
