A quick dip this AM could just be the completion of wave e blue of the larger triangle. So bears positioned for something lower so be prepared.
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| 4:10 AM - 60 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.
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Thursday, April 9, 2015
4/9/15 - AM Update
[4:10 AM Update] - Still focusing on this 60 min chart. In my previous post Weds, I mentioned that all counts favor some form of pullback or sell off. The caveat is how far determines which count is in play.
A quick dip this AM could just be the completion of wave e blue of the larger triangle. So bears positioned for something lower so be prepared.
A quick dip this AM could just be the completion of wave e blue of the larger triangle. So bears positioned for something lower so be prepared.