Elliott wave charts
Stock market analysis according to Elliott wave principle.
About Elliott wave theory/principle
Wednesday, February 20, 2013
SPX - wave 4 in progress
Wave 4 in progress. High chance to see triangle. If it comes out - signal for larger degree trend reversal.
Hight confidence that current downside impulse is just a correction because of 3 vs 1 ratio is ~100% as wave 3 is never the shortest one.
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