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Friday, November 8, 2013

Elliott Wave Analysis

Market is ready to head-up. Elliott Wave analysis suggests that the market structure is leaning towards a bullish resolution, even with optimistic sentiment.



Market should hold above yesterday's low. Yesterday, NYMO buy signal was also issued.

We will continue to evaluate market pattern, and decide on sell time appropriately.



2 comments:

  1. Elliott Wave Theory is a method of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies waves identified as impulse waves that set up a pattern and corrective waves that oppose the larger trend.

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  2. Elliott Wave Theory is a method of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies waves identified as impulse waves that set up a pattern and corrective waves that oppose the larger trend.
    elliott wave theory course reviews

    ReplyDelete

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