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what the sp is doing


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#1 gannman

gannman

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Posted 07 October 2011 - 06:07 AM

i was suprised by the strength of this rally. i see what the sp is doing.. sep 20 was the end of an A wave in the sp from the aug 19 lows. we did a B wave down into oct 4. this is a C wave up .. the most interesting time frame here is from oct 11 to oct 26 . that sb one to remember fwiw.. the sp count is different than stocks like cat and mmm which have already started a wave 3 down. the sp has not started its wave 3 down yet but will shortly g
feeling mellow with the yellow metal