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Friday, March 27, 2015

Elliott Wave Update ~ 27 March 2015

Wednesday, March 25, 2015

Elliott Wave Update ~ 25 March 2015

The upper wedgeline has at least 7 touchpoints. The lower now has at least 4.  The entire affair is a overlapping mess within. That makes it a likely valid pattern - and a potentially deadly bearish one at that.

Its not important at this moment to try and dial in an exact EW count.
However, we do have some valid counts out there. One possibility:

Monday, March 23, 2015

Elliott Wave Update ~ 23 March 2015

I the upper wedgeline is met again or even "overthrown", it would likely be a promising technical position to short the market at the top of  wedge pattern.
Rumblings in the 6 month yield count.

Friday, March 20, 2015

Wednesday, March 18, 2015

Elliott Wave Update ~ 18 March 2015

Heading to top of wedge? Thats one big wedge.