Copied from ES forum
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A small decline to around 1532-1528 ES should setup another opportunity to add to longs or buy the dip, this is working out very well, so for now i don't have any reason to change the idea
We want to see a choppy decline, when i look at the European markets such as the DAX and EURSTOXX they suggests a small dip needed as well
Unless i see a strong breakdown under 1420, i am looking higher as i don't have any completed pattern from 1482ES
A market that keeps impulsing higher and correcting with choppy price action is a market that wants to go higher, we have no impulsive downside to be cautious about, the bulls are in FULL control atm.
Elliott Wave Analysis of ES (short term)
Started by Nouf, Mar 06 2013 12:29 PM
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Posted 06 March 2013 - 12:29 PM
To be there for the good times, you got to be there all the time - Ben Lichtenstein
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