Elliott Market Waves: Nov 25, 2009

Wednesday, November 25, 2009

Choppy Choppy... zig zag, triangle, flat, zig zag... WTF!!!!!!! Possible bearish wedge underway but for now this is only a simple guess!

Wave ii of iii with possible bat bearish formation underway.

Hi!

My last count was wrong...obvious. I won't try to count micro-waves because everything is messy. For now it seems we can go a litle bit higher.

What a mess!!! Maybe still in a triangle or in bearish wedge! All waves looks corrective. Choppy Choppy...

Usually I don't trust much in triangles but this pattern fits very well.

Still waiting the end of wave ii of iii.