Tuesday 21 September 2010

Elliott Wave - S&P500 Cash Index - 20 Sep 10

How far can the 'c' wave that began on August 27 run? In price it theoretically can go all the way back to the April high. I only bring this point up because the analyst needs to determine whether the move developing from the August 27 low is all of 'c' or just wave '1' of 'c'.

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