the smh looks like its in the C wave of an abc correction since august 24. the 50 % retrace is about 51.9
if you look at the chart of txn the C wave is pretty clear . looks like its somewhere in wave v of C on txn
which is probably where the smh is also . trading below 47.7 would indicate to me the next leg down in
the smh has begun
the smh and txn
Started by
gannman
, Oct 03 2015 07:34 AM
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#1
Posted 03 October 2015 - 07:34 AM
feeling mellow with the yellow metal