I had mentioned last night that the folks at Elliott Wave International had projected a drop into the tinted zone that I had drawn (shown below) before a partial push up and then – – – the big, fun plunge.
The tinted area has indeed been penetrated, satisfying the prediction. I had some nice gains going long IYR and IWM in day trades earlier today, and I'm pretty much totally short again. Looks like another fun day.
