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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Little Joe who wrote (100215)7/31/2009 3:24:55 AM
From: mishedlo5 Recommendations  Read Replies (5) of 116555
 
Ewave Count on the US Dollar Suggests Move Up is Coming
globaleconomicanalysis.blogspot.com

Many people have been asking me for an Ewave update on the S&P 500. I still don't have one as there are numerous viable counts in play. To me unless the count is reasonably clear, all Ewave is going to tell you is what happened.

That is a general complaint about Ewave (and technical analysis in general) but no one says you have to trade these corrective "jello counts" or patterns.

So let's leave the S&P 500 aside. I do have a clear, as well as interesting count of the US dollar to discuss. ...
Mish
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