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



Saturday, December 6, 2014

Elliott Wave Analysis of Russell (R2K)

The Russell 2000 appears to have decline in a 5 wave decline from the highs at 1191, the subsequent rally appears to be corrective, i think this setup offers the shorts a great low risk entry to sell the market, against 1191 traders can sell the market, the setup has limited risk as we know its simply wrong above 1191.

TWM is an ETF we like, it moves inversely the direction of the Russell 2000, if this idea is correct, readers can look to buy TWM.