Technical Analysis of the financial markets using Elliott Wave, Gann, Fibonacci, cycles and momentum indicators.
Posted information is for educational purposes only and not a recommendation to buy or sell any stock. This site is dedicated to the study of technical analysis.
Thursday, 7 February 2008
No new info
The cash S&P500 formed another downtrending day on Wednesday. This means that the February 1 high was both a price fractal and a high. Other than that the day did not reveal any new information. I continue to watch for the items mentioned yesterday.
The cash S&P500 formed another downtrending day on Wednesday. This means that the February 1 high was both a price fractal and a high. Other than that the day did not reveal any new information. I continue to watch for the items mentioned yesterday.
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