This shows a possible triangle that will take time to play out
and serve to FRUSTRATE both the bulls and bears alike. Again, it's
far too early to make any such conclusions but just pointing out
some of my thoughts.
Needless to say, any break back above 1185.53 and below 1159.71
would negate this possibility.
A break above 1185.53 may be the wave b of an expanded flat
before moving back down in wave c. Just throwing out some
thoughts but one should respect their triggers in accordance with
the time frames they trade.
SPX 15 (another alternative)
Posted by steve on 20th of Oct 2010 at 10:35 am
This shows a possible triangle that will take time to play out and serve to FRUSTRATE both the bulls and bears alike. Again, it's far too early to make any such conclusions but just pointing out some of my thoughts.
Needless to say, any break back above 1185.53 and below 1159.71 would negate this possibility.
A break above 1185.53 may be the wave b of an expanded flat before moving back down in wave c. Just throwing out some thoughts but one should respect their triggers in accordance with the time frames they trade.
yup, doing a great job
Posted by hazbin1 on 20th of Oct 2010 at 10:46 am
yup, doing a great job of frustrating me with entering a TZA trade....