Matt, is is possible we already had a truncated wave five on 30
min chart? We had divergence on MACD and RSI from 3 to truncated 5.
Hope tp hear your input.
Yes - it's possible see my post (chart) and commentary at the
top of the blog. The depth of the pullback will determine if
it's simply a Wave 4 or something larger.
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UYG ultra financials - looks
Posted by matt on 19th of Jul 2009 at 06:38 pm
UYG ultra financials - looks like a 4th wave consolidation, can't count a 5th wave up
Matt, is is possible we
Posted by shang on 19th of Jul 2009 at 07:39 pm
Matt, is is possible we already had a truncated wave five on 30 min chart? We had divergence on MACD and RSI from 3 to truncated 5. Hope tp hear your input.
yes, see Steve's post above.
Posted by matt on 19th of Jul 2009 at 08:24 pm
yes, see Steve's post above.
Yes - it's possible see
Posted by steve on 19th of Jul 2009 at 08:18 pm
Yes - it's possible see my post (chart) and commentary at the top of the blog. The depth of the pullback will determine if it's simply a Wave 4 or something larger.