Daily Forex technical analysis for the major pairs Based On The Elliott Waves Principle Combined with Various Technical Indicators And Fundamentals
Sunday, May 23, 2010
The s&p 500 looking to meet resistance at the 50% ret. of wave 3 down to go for another deep to end the 5 waves down ,, i have another more bearish count for a dipper fall but i m gonna look at this current one for the time being , i cant tell right now if it wil go for a 5 waves down from the top or that was only ABC correction , i should be very cautious with considering a super bearish scenario for it so i m gonna wait for more confirmation before i do that ,, but for now i m so positive on another fall down which strenghten on the down side of the risk currencies i pinpointed in my last charts
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