Matt or Steve, Could today's drop be part of wave B down with
waveC up to follow? Or we are definitely past completion of wave C?
In simple words, is the short-term trend down now instead of up?
Today's volume is down 93%,declining issues 84%.
Advancing Sectors: (None)
Declining Sectors: Materials (-2.8%), Energy
(-2.6%), Industrials (-2.2%), Financials (-2.1%), Tech (-1.9%),
Consumer Discretionary (-1.8%), Utilities (-1.7%), Consumer Staples
(-1.4%), Health Care (-1.3%), Telecom (-1.1%)
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intermediate trend: still up or already down?
Posted by junkie on 27th of Nov 2009 at 10:45 am
Matt or Steve, Could today's drop be part of wave B down with waveC up to follow? Or we are definitely past completion of wave C? In simple words, is the short-term trend down now instead of up? Today's volume is down 93%,declining issues 84%.
Advancing Sectors: (None)
Declining Sectors: Materials (-2.8%), Energy (-2.6%), Industrials (-2.2%), Financials (-2.1%), Tech (-1.9%), Consumer Discretionary (-1.8%), Utilities (-1.7%), Consumer Staples (-1.4%), Health Care (-1.3%), Telecom (-1.1%)