Friday, July 24, 2009

STI/DOW Elliott Wave Count, Where Are We Now?

Where are we now in terms of Elliott Wave Count?

How high can DOW, S&P500 and STI go?

Here's an update on the revised Elliott Wave Count for DOW per the US Experts:

  1. We are now in Phase 2 of Bear Market

  2. Likely in Wave C up

  3. Wave C up will have 5 waves

  4. Wave 1 up is likely to complete

  5. Next is wave 2 down.

See how the markets go for Thursday and Friday, then we will review the updated Elliott Wave Count for DOW and S&P500.

What about STI? Let's see how Friday markets perform, then review the updated Elliott Wave Count for STI.

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