Yesterday we got an extended third wave up (Matt's 30 Minute
charts showed it well and I noticed that the 30 Min Mac D on
Stockcharts seems to follow Ninja Trader closely. The one
consistant thing that I see on this chart is that using the ROC you
can clearly see that the third wave is always the most
extended. Then after wave 5 comes the turn.
finam - thanks very much for the charts and notes - would make
it much easier if you would choose "open link in new window" wo
your chsart does not replace the blog.
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spx 15 min
Posted by finam on 29th of Aug 2008 at 06:57 am
http://stockcharts.com/h-sc/ui?s=$SPX&p=15&yr=0&mn=0&dy=10&id=p82545648778&a=146178739&listNum=11
Yesterday we got an extended third wave up (Matt's 30 Minute charts showed it well and I noticed that the 30 Min Mac D on Stockcharts seems to follow Ninja Trader closely. The one consistant thing that I see on this chart is that using the ROC you can clearly see that the third wave is always the most extended. Then after wave 5 comes the turn.
I'll send the 5 minute one next. Fina
finam - thanks very much
Posted by Michael on 29th of Aug 2008 at 07:35 am
finam - thanks very much for the charts and notes - would make it much easier if you would choose "open link in new window" wo your chsart does not replace the blog.