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ABC Elliot Wave correction in the world quant analytics?

(Last Updated On: May 10, 2012)

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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