$SPX - Chart Link - while the 5th wave
could be in, I would rather see another push based on the MACD
recycling back to zero and stochastics not overbought, to me it
would set up a much better divergence and 5th wave move but needs
to hold today's lows, we'll see....
$SPX - Chart Link - and making that new
high like I wanted - now just have to see how far wave 5 goes.
But again with that MACD recycle back to zero, should not be
surprised to see this.
I would like to see MACD go up and form a lower high and cross
back down
SPX 15 min
Posted by matt on 18th of Oct 2012 at 11:14 am
$SPX - Chart Link - while the 5th wave could be in, I would rather see another push based on the MACD recycling back to zero and stochastics not overbought, to me it would set up a much better divergence and 5th wave move but needs to hold today's lows, we'll see....
Update: SPX 15 min
Posted by matt on 18th of Oct 2012 at 12:10 pm
$SPX - Chart Link - and making that new high like I wanted - now just have to see how far wave 5 goes. But again with that MACD recycle back to zero, should not be surprised to see this.
I would like to see MACD go up and form a lower high and cross back down
does it look like an
Posted by himsa on 18th of Oct 2012 at 02:25 pm
does it look like an inverse head and shoulders on the 5 min?
You called that one.
Posted by frtaylor on 18th of Oct 2012 at 01:07 pm
You called that one.
possible to get a truncated
Posted by himsa on 18th of Oct 2012 at 11:41 am
possible to get a truncated 5th?