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.
Monday 20 September 2010
Elliott Wave - S&P500 Cash Index - 17 Sep 10
The price action on Friday has caused a revision in the wave interpretation. Instead of the upward wave beginning on May 25 it must now be seen as starting at the July 1 low. The pattern from that point is a Flat.
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