Thursday, 9 September 2010

Elliott Wave - S&P500 Cash Index - 8 Sep 10

If we get another strong day on Thursday then the move from the August 27 low starts to look impulsive. This means that *if* wave 'e' of a contracting triangle is forming, *then* the current wave from Aug. 27 must be wave 'a' of 'e'.

Wednesday, 8 September 2010