Thursday, February 17, 2011

S&P 500 ~ Elliott Wave Count ~ 17 February 2011

I don't really have to add anything to the last few updates: the trend is up and the pattern is always the same: rally - retest old high - rally - retest old high - rally - ... - etc.


As long as the support line holds the short-term trend is up and my next target area is 1360ish.