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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.
Thursday, August 31, 2017
8/31/17 - EOD Update
So far looks like wave (iii) of 5 is underway. Confirmation begins when or if it breaches the 2490.87 level, the wave (i) high. Should the market pause here, I see a potential triangle in the works that may suggest the alternate count is in play. This alternate is the wave "or iv".