Wednesday, May 23, 2012
http://www.wavaholic.com/,
Dow Jones ~ Elliott Wave Count ~ 23 May 2012
I think I've posted enough SPX counts today so for once I post the EW
count for the dow (but it's basically the same for the SPX):
This count is still very speculative. As you can see in the chart we have to break the 12750 area to get confirmation.
This count is still very speculative. As you can see in the chart we have to break the 12750 area to get confirmation.
S&P 500 ~ EOD Update ~ 23 May 2012
Wow! What a day!
The SPX opened lower today and declined to 1297 by 12:30 pm where it completed five waves down from 1328. From there the market rallied into the close and finished the day at 1319.
The SPX opened lower today and declined to 1297 by 12:30 pm where it completed five waves down from 1328. From there the market rallied into the close and finished the day at 1319.
S&P 500 ~ Intraday Update 2 ~ 23 May 2012
We've now already rallied about 1 % since then and I think we'll know soon which count is underway (see chart).
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