3309 Drysdale Ct
Edwardsville, IL 62025
We hit SPX 914 which breaks wedge pattern to the upside now ....
Wave C of B is under way with today's action .... 200EMA is the target on Daily SPX.
Appears Wave C of B is underway for sure ....
Not much of a target, consider that we are only app 1% away from the 200MA, a humble gap open on Monday could tag it.
Very True and like Matt/Steve out lined below a big move is coming and if its to upside will pop past 200EMA and zoom higher ... One day at a time ... I could be wrong but next week should tell the story.
Like I posted earlier today.
http://stockcharts.com/h-sc/ui?s=$XEU:$XJY&p=D&yr=0&mn=8&dy=0&id=p83818453322&a=160934728&listNum=11
Yep, as long as that's pointing up, not bearish
Looking at the chart that Steve put out on the blog this morning, could this be D with a pullback to E next week?
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Pattern
Posted by cspirit on 29th of May 2009 at 03:54 pm
We hit SPX 914 which breaks wedge pattern to the upside now ....
Wave C of B is
Posted by cspirit on 29th of May 2009 at 04:03 pm
Wave C of B is under way with today's action .... 200EMA is the target on Daily SPX.
Appears Wave C of B
Posted by cspirit on 1st of Jun 2009 at 10:16 am
Appears Wave C of B is underway for sure ....
Not much of a target,
Posted by hornsant on 29th of May 2009 at 05:25 pm
Not much of a target, consider that we are only app 1% away from the 200MA, a humble gap open on Monday could tag it.
Very True and like Matt/Steve
Posted by cspirit on 29th of May 2009 at 05:36 pm
Very True and like Matt/Steve out lined below a big move is coming and if its to upside will pop past 200EMA and zoom higher ... One day at a time ... I could be wrong but next week should tell the story.
Another Early Buy Signal from Euro/Yen Ratio ($XEU:$XJY)?
Posted by jbrock on 29th of May 2009 at 04:11 pm
Like I posted earlier today.
http://stockcharts.com/h-sc/ui?s=$XEU:$XJY&p=D&yr=0&mn=8&dy=0&id=p83818453322&a=160934728&listNum=11
Yep, as long as that's
Posted by matt on 29th of May 2009 at 04:16 pm
Yep, as long as that's pointing up, not bearish
Possibly Point D on Steve's chart??
Posted by pebs on 29th of May 2009 at 04:10 pm
Looking at the chart that Steve put out on the blog this morning, could this be D with a pullback to E next week?