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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Monday, December 14, 2015
12/14/15 - EOD Update
The market took a lil dip just below the bottom of the channel and hit 50% retracement at 1992. Looks like three waves up so far.
As I posted on Friday if I see five waves up from here, I may look to go long off the pullback.
The market also managed to form a hammer candlestick. We'll see.