5:00 PM CST
POSSIBLE ELLIOTT COUNTS
ES
Alternate #1
Alternate #2
EUR/US$
GOLD
2:10 PM CST
A little food for thought - Intermediate Alternate #2 on the ES from my weekend post:
9:20 AM CST
ES has been awfully difficult to read as of late. Yesterday's Trend/Osc buy signal was canceled with the overnight lows, I had a hunch that would happen which is why I was ambivalent about acting on that signal yesterday.
The Elliott count looks like a zig-zag down from last week's highs with the C wave being an ending diagonal and quite possibly done as of the lows this morning.
Tuesday, November 16, 2010
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