The 50 DMA may be a good target. It also corresponds with wave [c = [a.
Let's see if the bears can break 1968 because if they don't, I won't be surprised if the wave extends and tracks up the channel.
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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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