WaveTrack International

Elliott Wave Financial Price Forecasting

Eurostoxx 50 drops in five wave sequence

by m.tamosauskas| May 24, 2013 | No Comments

eurostoxx_130524

Very short-term aspect, but very important in our opinion. Eurostoxx 50 declined in a five wave sequence from yesterday’s high – suggesting the larger declines have resumed. The following counter-trend rebound is expected to unfold into a single zig zag and once completed, acceleration to the downside is expected.

Category: Eurostoxx 50

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WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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