If this is an ABC starting at the lows of the day, then A would
have been from the 1046 low to the 1060 high = 14 points, then B
may have ended just under 1054 a few minutes ago, so C may end at
1067-8, 14 points above the 1053-4 low of B, and fill today's gap.
if A = C.
abc could go to 1067-8 and fill today's gap
SPX 1
Posted by sue2 on 24th of Aug 2010 at 01:27 pm
If this is an ABC starting at the lows of the day, then A would have been from the 1046 low to the 1060 high = 14 points, then B may have ended just under 1054 a few minutes ago, so C may end at 1067-8, 14 points above the 1053-4 low of B, and fill today's gap. if A = C.
Sue 2 you maybe right
Posted by thermo on 24th of Aug 2010 at 01:31 pm
Sue 2 you maybe right that b ended, will see. the first target of c around 1064 and the second maybe 1067.