Wednesday, May 4, 2011

Russell 2000 daily pattern...another expanding diagonal?

Where can this setup go? its not pretty and it won't be fun...but this is what I think has a good chance of happening. Additionally to this, the whole market indexes and wilshire broke the wave 1 highs so for strict elliot wavers who want to count everything as 5 wave patterns...the count will move around because of that.
 
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