This Elliott Wave blog is dedicated to sharing Fibonacci ratios and other technical analysis for forex signals, index futures signals, options signals, and stock signals. Elliott Wave Principle puts forth that people move in predictive patterns, called waves. Identify the wave counts, and you can predict the market.
Friday, July 10, 2015
Getting Long S&P Futures
The market sold off on Yellen's talk about an interest rate hike later this year. We already knew that, so this selloff is nonsense. Internals are strong and I doubt anyone was surprised by Yellen's comments and will want to get heavily short before the weekend. I'm getting long at 2069.
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