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.

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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.