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Monday, April 5, 2010



The Bulls provided the white candle today required to confirm the Bullish Engulfing pattern from Thursdays close and the trend continues within the fork.

It's a good thing Elliott thought to include WXYZ. We my need to extend the alphabet.

I'm sure there will be a plausible count when it's all done. We will look back on this, and describe with authority exactly how this market formed a perfect Elliott Wave, and then proceed to describe with a straight face what the current count is.

14:30 A small adjustment.

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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