Market Predictions based on Elliott Wave Theory and Traditional Technical Analysis
Thursday, May 20, 2010
SPX and DAX Video Analysis
Roy has just released his latest video update of the SPX and the DAX markets. Check it out by clicking the link to the left. Things are looking very bearish for equities as markets move back into a state of risk aversion.
A third wave for this count should be violent for both upside and downside. So far it has been tame and uneventful. I'm taking the mini crash in early May as a correction until we go below 1080 -- the blue 1 would be my A.
A third wave for this count should be violent for both upside and downside. So far it has been tame and uneventful. I'm taking the mini crash in early May as a correction until we go below 1080 -- the blue 1 would be my A.
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