kobie..nice H&S call

    5 min SPX chart worked well

    Posted by perthx on 27th of Aug 2010 at 12:22 pm

    It really works for me...closes the gap from the other day allows for a 5th wave off today's lows to possibly complete a wave C up of an irregular flat for a wave 2. So many things to like about that potential. And as you say hits that 50% fib area.

    H$S

    Posted by kobie on 27th of Aug 2010 at 12:36 pm

    Measures the same hight as the bull flag that Matt called earliar.(flag flies at hail mast.

    H&S back testing neckline?

    Posted by perthx on 27th of Aug 2010 at 01:17 pm

    H&S back testing neckline? Glad we wont have to wait long to see what happens. Should play out or fail by day's end I would think.

    Watch the 5 min 14,3 and

    Posted by angelo851 on 27th of Aug 2010 at 02:19 pm

    Watch the 5 min 14,3 and 60,3 Full Sto's to drop below 80. That would probably be  a good sell signal. The 5 min MACD has negative divergence as well.

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