Tuesday, 26 June 2007

Beginning or Ending?


Welcome to my humble blog regarding my market views. I start with a long-term Elliott Wave count on the S&P500 cash index.


As you can see by the chart, I believe that a downward moving "C" wave is beginning. This implies that wave "B" has ended. Bottom line: I would not want to be long equities at this time.


More to come!


No comments: