The burden is on the bulls to reclaim new highs too since the bears have what appears as five waves down off the 209x high.
 |
| 11:28 AM - 1 Min |
 |
| 11:28 AM - 5 Min |
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
▼
Thursday, January 8, 2015
1/8/15 - AM Update
11:28 AM - So far so good. All targets met so far and the bulls are back in contention. That is a sharp looking V bottom. But before da bulls get too happy, just a reminder that this puppy may just trade in the 2k - 2100 range so we'll just count three waves at a time.
The burden is on the bulls to reclaim new highs too since the bears have what appears as five waves down off the 209x high.
The burden is on the bulls to reclaim new highs too since the bears have what appears as five waves down off the 209x high.