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From www.elliottwaveanalyst.com -
Short term Outlook (06/02/2006) -
It was suspected that a short term correction might complete on Friday. It is now being suspected that it either completed in the closing stages on Friday or will do so right in the opening session on Monday. Post this, there should be a rally lasting days. 2912 is a critical level which should not get violated for this view to hold.
Short term Outlook (06/02/2006) -
It was suspected that a short term correction might complete on Friday. It is now being suspected that it either completed in the closing stages on Friday or will do so right in the opening session on Monday. Post this, there should be a rally lasting days. 2912 is a critical level which should not get violated for this view to hold.