Wk06: Market Forecast

7 Feb

In the week ahead look for these news announcements to act as potential market movers
A few crucial economic news announcements noted above. We are looking for more downside action with a short term S&P target of $1030. After hours, it is interesting to go back and print out daily and weekly charts from years past, including 1929 and 1987 and look for similarities in these charts to today’s price action. For those who follow Elliot Waves principles, this is a valuable tool.

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