Commentary and chart analysis featuring Elliott Wave Theory, classic TA, and frequent doses of sarcasm.
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Tuesday, February 5, 2013
Shortest. Update. Ever.
Just a very quick update today -- I was working on an article detailing the long-term counts, but my own trade management simply got in the way of finishing the article. So, here's the hourly SPX chart, and tomorrow (Good Lord willing!) I will finish the article I wanted to write. Trade safe!
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Looks like we had the long awaited correction yesterday when the SPX dipped below 1500. Today it looks like the bulls are back in town. Maybe we'll see some more gains in the remainder of the week. The 1520 to 1530 zone looks doable.
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