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.
Wednesday 20 January 2010
The Grind Upwards Continues
Now that the weekly chart is not signaling a short position (see last post) we are back in waiting mode as the cash S&P500 continues to move higher. Here is today’s daily chart - yesterday was a Setup bar #1 day.
Now that the weekly chart is not signaling a short position (see last post) we are back in waiting mode as the cash S&P500 continues to move higher. Here is today’s daily chart - yesterday was a Setup bar #1 day.
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