Custom Search

Thursday, June 18, 2009

Phase 2 Bear Market Elliott Wave Chart?

Having read and learnt from the 10 lessons on Elliott Wave and the Elliott Wave Video Crash Course, I should start applying what I learnt?

  1. How long will this Phase 2 Bear Market Rally last?
  2. How high can it go? Will it go higher after this current correction?
  3. Is it a correction or a change in trend now?
  4. When will Phase 3 of this Bear Market start?
Let's use a Elliott Wave Chart to answer some of the above questions.

It is only one possibility, applying what I learnt.

Meanwhile, wait for more news from the experts. Would any expert be able to forecast at this stage? Oops!

(Chart is taken from 3 Phases of Bear Market, with Phase 2 expanded)

Bookmark and Share


DISCLAIMER: All contents in this blog are for educational and informational purposes only and should not be construed as investment advice regarding the purchase or sale of stocks or any other investments. Please consult with your financial advisor before making an investment decision regarding any mentioned investments.
I assume no responsibility for your trading and investment results.
Abdul Munir | Daya Earth Blogger Template