ABC Elliot Wave correction in the world quant analytics?

(Last Updated On: May 10, 2012)
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ABC Elliot Wave correction in the world quant analytics?

http://CMTTRADER.blogspot.com

It looks to me as if the market is settling into a nice little support area and from the looks of things we could be seeing an ABC correction. from the high in April to a couple of the ups and downs in between it seems we could be heading for a move up once the bears sell off. Today I thought I saw some capitulation on the 50 day 60 minute chart right around 10:30am. http://CMTTRADER.com

 

I noticed your comment as I was “surfing” the discussions. Which market are you talking about?

 

I was looking at the S&P 500 SPDRS

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs