Comments on: Possible DIA Intraday Elliott Wave Interpretation http://blog.afraidtotrade.com/possible-dia-intraday-elliott-wave-interpretation/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Don Da Mon http://blog.afraidtotrade.com/possible-dia-intraday-elliott-wave-interpretation/comment-page-1/#comment-138200 Don Da Mon Fri, 17 Oct 2008 20:58:53 +0000 http://blog.afraidtotrade.com/?p=3119#comment-138200 Moving up into the week picture on the S&P - here's what I see. Today looks like a bear flag which turned at the point that would be needed to continue a "measured move" down to retest last Friday's low (839?). I could see a retest next Monday and into Tuesday. Otherwise, perhaps an ascending triangle is forming with resistence at near 1000 and a support line at 880 early next week. I'd bet a retest will happen. Moving up into the week picture on the S&P – here’s what I see.
Today looks like a bear flag which turned at the point that would be needed to continue a “measured move” down to retest last Friday’s low (839?). I could see a retest next Monday and into Tuesday.

Otherwise, perhaps an ascending triangle is forming with resistence at near 1000 and a support line at 880 early next week.

I’d bet a retest will happen.

]]> By: todd http://blog.afraidtotrade.com/possible-dia-intraday-elliott-wave-interpretation/comment-page-1/#comment-138183 todd Fri, 17 Oct 2008 18:16:41 +0000 http://blog.afraidtotrade.com/?p=3119#comment-138183 bang on! just hit $92...nice job! bang on! just hit $92…nice job!

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