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.
Sunday, November 30, 2008
Looking for Positive News This Week; Nov. 30, 2008
One more note before we go into this week. I'm looking for a lot of positive news this week, whatever it may be. We should see nothing but optimism pour from analysts on the financial news and a sense of complacency and euphoria hit us this week. Once that occurs, the market will be primed to start it's decline. So expect great news to come out tonight, Monday, and perhaps Tuesday which will send the market higher. But by the end of the week, the market should rollover and enter a multi-day/week declining phase.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment