3309 Drysdale Ct
Edwardsville, IL 62025
Just another consolidation day; the market indexes continue to form triangles and have consolidated for 4 days now.
Matt would you view this as more of a sideways wave 2 consolidation (on the daily)? It sure is starting to look pennant-like or a little rectangle.
No this would be a wave 4 consolidation of wave A of C and another move up would be wave 5 of A of C.
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Just another consolidation day
Posted by matt on 29th of Jul 2009 at 03:27 pm
Just another consolidation day; the market indexes continue to form triangles and have consolidated for 4 days now.
consolidation
Posted by slater0 on 29th of Jul 2009 at 03:37 pm
Matt would you view this as more of a sideways wave 2 consolidation (on the daily)? It sure is starting to look pennant-like or a little rectangle.
No this would be a
Posted by matt on 30th of Jul 2009 at 01:11 am
No this would be a wave 4 consolidation of wave A of C and another move up would be wave 5 of A of C.