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.
Monday, July 28, 2008
July 28, 2008; Old and New S&P Chart Results
The top chart is of the S&P futures in the 8hr time frame I posted about a week ago. Here I mapped out the path of the S&P as seen by the thick orange lines. This was posted Sunday, July 20th.
The bottom chart is the current S&P futures chart with my prediction still on it. You can see that the S&P has moved almost exactly where I predicted it would, along the orangle lines.
Todd
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