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.
Thursday, January 13, 2011
ES_F: Watch
The market may be forming a leading diagonal that would draw price to a minimum of 1275-76 area. I'm anticipating a three wave move to complete w.iv near 1280.
Price has reached my target of 1280 but the corrective structure that I referred to as w.iv is unfolding differently than expected. We may not be forming a leading diagonal.
Price has reached my target of 1280 but the corrective structure that I referred to as w.iv is unfolding differently than expected. We may not be forming a leading diagonal.
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