... this bounce could be an ABC corrective wave 2
again....yikes...a 1,2 and then another 1,2 and now a
possible third 1,2 this could get ugly fast if the market
decideds to collapse here.
wedge's upper trend line holding any advance in check for
now...we need a nice blast north of there above 1115.71 would be
nice.
nailed it? well, maybe, maybe not
looks like a small wave 5
Posted by perthx on 22nd of Jan 2010 at 11:15 am
... this bounce could be an ABC corrective wave 2 again....yikes...a 1,2 and then another 1,2 and now a possible third 1,2 this could get ugly fast if the market decideds to collapse here.
wedge's upper trend line holding any advance in check for now...we need a nice blast north of there above 1115.71 would be nice.
$SPX backtesting the wedge breakout?
Posted by perthx on 22nd of Jan 2010 at 11:58 am
or is that the end of saturn's wave 4 and down we go again??