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Today was a very right translated 3 day cycle low


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#1 arbman

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Posted 08 August 2007 - 03:34 PM

The lows that were supposed to happen at the middle of the day came right at the end and of course snaps right back up. Folks! Be careful, this entire decline can snap back up just the same... - kisa

#2 eminimee

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Posted 08 August 2007 - 03:47 PM

just enough to run some stops on the swoosh...

http://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=1&dy=8&i=p33572845572&a=89430406&r=3297.png