As far as the larger triangle is concerned (blue count) that I introduced last week, it is quite possible last Fri's bump completed wave d.
But again, at the end of the day, just need to watch 2120 on the upper end or 2040 on the lower end.
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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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Sunday, April 12, 2015
4/12/15
As posted last week, I suspected the bull/bear case was back to even. Unfortunately all counts are still in play until the upper and lower (2120 and 2040 respectively) resistance levels are broken.
As far as the larger triangle is concerned (blue count) that I introduced last week, it is quite possible last Fri's bump completed wave d.
But again, at the end of the day, just need to watch 2120 on the upper end or 2040 on the lower end.
As far as the larger triangle is concerned (blue count) that I introduced last week, it is quite possible last Fri's bump completed wave d.
But again, at the end of the day, just need to watch 2120 on the upper end or 2040 on the lower end.