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Trading Analysis - Crunch time for US stocks

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Uploaded by on Nov 12, 2009

Is it buy or sell for US stocks? With a long-term downtrend hitting recent gains, 1100 would seem the big level to watch on the S&P 500.

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  • I'm not so sure you can apply elliot waves or technical analysis to current sp500 levels if 1/3 of the volume is provided by HFT Walstreet Hal's 9000 and still in the background PPT is on the watch! Btw. Check correlation between USD/EUR and s&p index.

  • fantastic !

  • You need to study Elliot waves. We are about to start P3, a drop that will be extremely severe and will result in the SP500 far lower than the March lows.

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