An educational blogsite dedicated to teaching the Elliott Wave Principle, Fibonacci Ratio Analysis and Market Timing strategies.
Primary focus is on the E-mini S&P. Please read the risk disclosures contained within this blog.
Wednesday, December 8, 2010
ES_F: Flash
A possible bearish w.(B) triangle may be building in the 3600 tick chart of the ES_F. Price has no business above 1228.75 if this wave interpretation is correct. Preliminary target is 1207- 09 area.
Small relabeling for w.c to 1127.25. Pattern still viable up to 1228.75. Looking down now to complete w.d @ 1222.25.
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