Tuesday, July 6, 2010

Elliott Wave Pre Market: July 6, 2010

In pre-market trade, price action seems to be exhibiting impulsive behavior which may mean that wave i ( green, circle) of wave 3 is complete. A break of 1032.5 and the presence of 5 waves up would be required to consider this view. Until then, the trend remains down.

Best of Trading

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