If this is a wave 2 up, it looks like this wave will be an ABC
and we may still be in a B wave with wave C yet to come but we go a
bit lower first.
Or C up is taking its own sweet time...waiting for the PPT push
Monday, hehe...won't it be just like them NOT to push the market up
as we all seem to know about it now!!
Still think a complex B is doodling around here. Same
thinking on the GDX too, imo.
Steve, I will take it, thanks. I don't have stockcharts
membership, so I am shown only a daily chart of $tick, which is not
as useful as intraday $tick. If Matt could figure out a way to add
it to his 5-minute charts, that will be extra useful. No big deal
if he can't.
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Looks like a symmetrical triangle
SPX 5 min
Posted by pebs on 22nd of Jan 2010 at 12:46 pm
Looks like a symmetrical triangle has formed...let's see which way it breaks.
Triangle??
Posted by perthx on 22nd of Jan 2010 at 12:58 pm
Could be.
If this is a wave 2 up, it looks like this wave will be an ABC and we may still be in a B wave with wave C yet to come but we go a bit lower first.
Or C up is taking its own sweet time...waiting for the PPT push Monday, hehe...won't it be just like them NOT to push the market up as we all seem to know about it now!!
Still think a complex B is doodling around here. Same thinking on the GDX too, imo.
adding $tick to $SPX 5-minute
Posted by junkie on 22nd of Jan 2010 at 01:22 pm
Matt, could you please add $tick to your $SPX 5-minute chart? Many thanks!
For you Junkie
Posted by steve on 22nd of Jan 2010 at 01:28 pm
http://stockcharts.com/h-sc/ui?s=$SPX&p=5&b=3&g=0&id=p35093147555&a=168119545&listNum=39
Steve, I will take it,
Posted by junkie on 22nd of Jan 2010 at 01:50 pm
Steve, I will take it, thanks. I don't have stockcharts membership, so I am shown only a daily chart of $tick, which is not as useful as intraday $tick. If Matt could figure out a way to add it to his 5-minute charts, that will be extra useful. No big deal if he can't.