Buy signal on ES from Tuesday has now been confirmed by the Vindicator Buy/Sell and in the SPX. However, the best Elliott count still shows the ES/SPX to be in a 4th wave, so this uptrend could be fleeting.
For current Elliott wave counts and other charts click the "HERE" button under the "Current Charts" banner at the top of this page.
Thursday, August 11, 2011
Tuesday, August 9, 2011
Tuesday, 8/9/11 update
ES/SPX appears to be in a 4th wave bounce after the overnight and morning lows. There is a preliminary buy in the Trend/Osc system on the ES, but it has not been confirmed in the DX indicator on the ES, nor on the SPX Trend/Osc nor on the Vindicator Buy/Sell Index so caution is warranted.
For current Elliott wave counts and other charts click the "HERE" button under the "Current Charts" banner at the top of this page.
For current Elliott wave counts and other charts click the "HERE" button under the "Current Charts" banner at the top of this page.
Subscribe to:
Posts (Atom)