Wednesday, June 4, 2014

E-mini S&P500 Elliott Wave Analysis: Final Stage Of A Recovery

S&P500 is at the all-time highs, but moving sideways in tight range for the past few days, which looks like a small consolidation within bigger uprend. Therefore, it seems that market will reach even higher levels, possibly 1930-1935 where we are looking at new projections; wave C=A and height of triangle measured from a breakout point.
S&P500 Elliott Wave Analysis

Written by http://www.ew-forecast.com 

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