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is that it?


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#1 eminimee

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Posted 26 June 2007 - 02:13 PM

looking for the long. Any new low on a possible diagonal C wave could be the low...which we have....but the 1X1 flat from the top is at 1485 SPX....hmmmm...have to wait for at least a 10 min buy signal ....and I'm still a little concerned about the H&S on oex.

http://stockcharts.com/h-sc/ui?s=$OEX...&listNum=-2

Edited by Teaparty, 26 June 2007 - 02:17 PM.


#2 hiker

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Posted 26 June 2007 - 02:15 PM

yes, I suspect it is...just guessing though..and am long ES again. stopped out first try.

#3 rkd80

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Posted 26 June 2007 - 02:19 PM

tea, if oex can break the falling wege then the longs are in business, otherwise all longs are uncomfortable. :sweatingbullets: :sweatingbullets:
“be right and sit tight”

#4 eminimee

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Posted 26 June 2007 - 02:52 PM

Falling wedges on spx,ES too....but I tend to agree with you on OEX..that's my king. lol Q's may need another low too.
http://stockcharts.c...&...&listNum=-2

but still looks good trying to find a high
Divergence


Posted Image

boy ..those red dotted lines worked out well eh...perhaps we still need a "b" of the 5th of C up...and then another low?
http://stockcharts.com/h-sc/ui?s=$SPX...id=p79673869628