Monday, May 17, 2010

Elliott Wave Suggests That SPX Didn't Peak Yet Today


Elliott Wave Suggests That SPX (S & P 500, http://bit.ly/i0nsT) Didn't Peak Yet Today, see http://finance.yahoo.com/q/ta?s=^GSPC&t=5d&l=off&z=l&q=c&p=v&a=fs,w14&c=. Since Friday's cycle low SPX has done an up down up down pattern, with Wave 5 up probably still to come. Watch the 1157.43 upside gap.

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