Elliott Wave Training

Are you looking to learn the Elliott Wave principle? Or maybe you already have some experience and want to find the ways to improve your skills better.

Click on this post for details:

http://wavepatterntraders.blogspot.com/2012/04/elliott-wave-training.html



Sunday, September 14, 2014

Elliott Wave Analysis of EEM

The advance from the Oct 2011 has been a messy, corrective set of waves and clearly supports a corrective wave structure. There are some cycles that strongly suggest a possible peak.



The difference between the SPX and EEM is astounding, i am working a larger double zig zag, which appears completed. The impulsive decline argues for a potential peak, if any bounce is corrective and holds below the last swing high it will setup for more downside.



Bearish below 45.84.