Ewj: elliott wave

....if quangviet is right about a longer term trend change.....
....or even intermediate trend....
.... then this volue spike area will have to be retested before the big girls can take it up too far
 

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Quote from elovemer:

....if quangviet is right about a longer term trend change.....
....or even intermediate trend....
.... then this volue spike area will have to be retested before the big girls can take it up too far
More...

If the technical double bottom, the now double top and where price action had gone haywire in multi-array cross channels over the last two periods are any indication, we'll test this range a few times.

I'll concede my claim of a top last October. There's little doubt that this is a bear market correction in a bull market. The question is when and where will bulls take over. That's not an easy forecast and quite out of my capabilities. Will others admit the same though?
 
that 2 day rally from 1200-1260 makes the houses long at an avg of1230,we need to stay above that or we are going back under 1200
 
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