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.
Friday 15 February 2008
Waiting Mode
The cash S&P500 formed a downtrending price bar on Thursday. We still haven’t broken the “C-Y” trendline on the Intermediate price pulse chart and so we continue to wait. The daily price chart has been consolidating for close to a month now.
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