Charts ,in real time and EOD, using Elliot waves and Fibonacci.
Wednesday, May 23, 2012
$ES_F: EW count and forecast. Wave 4 count.negated. Wave 2 in play.
Wave 4 has been negated, early today,after three defenses of the 50% retracement, so we have to stick to the alternative count, which, at last, is more bullish because, IF we are in a wave 2, then will come a wave 3,up.