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Weekly Elliot Wave: Short-Term Bullish, Long Term Bearish

Monday, November 19, 2012 15:00
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(Before It's News)

Today my daughter is playing a tennis tournament therefore the weekend technical update will be shorter.

Last Friday I suggested that price was involved in unfolding a terminal pattern: “Maybe price is unfolding a Triangle that should establish a bottom with the last thrust down, who knows if at the 0.618 retracement the PPT will step in.”

Instead

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Ryan Mallory is the co-founder of SharePlanner Inc, a financial website devoted to Day-Trading, Swing-Trading (both long & short) and exchange-traded funds. Ryan makes a strong emphasis on risk mitigation strategies, trading transparency, and trader education – not to mention a great set of stock screens as well.

Be Sure to Check out Ryan’s Site at Shareplanner.com



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