oex...
Started by
eminimee
, Aug 16 2007 12:14 PM
7 replies to this topic
#1
Posted 16 August 2007 - 12:14 PM
#2
Posted 16 August 2007 - 12:26 PM
Hi there TP
have a question - the move we are seeing now - would you agree that it has to be a wave 3, which means we are missing a wave 5 down - maybe next week to 1.340-1.370
cheers
#3
Posted 16 August 2007 - 12:42 PM
yeah..posted this morning...certainly need a 5 for my c wave...
this would be the ed C
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=27&i=p84781333250&a=93045759&r=8799.png
this would be the ed C
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=27&i=p84781333250&a=93045759&r=8799.png
#4
Posted 16 August 2007 - 01:01 PM
does wave 5 need to be lower - could it maybe even be a bit higher (qualifying as a double bottom)
what are the "rules"/possibilities for the wave 5 down
Thanks!
#5
Posted 16 August 2007 - 01:13 PM
it would be a truncated 5th...rare..but possible.
#6
Posted 16 August 2007 - 01:42 PM
yeah..posted this morning...certainly need a 5 for my c wave...
this would be the ed C
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=27&i=p84781333250&a=93045759&r=8799.png
T,
Do you think 3 is complete? It looks like we completed 3 of 3 and into 4 of 3 now
#7
Posted 16 August 2007 - 01:50 PM
Great chart. Thanks for posting it.
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells
#8
Posted 16 August 2007 - 02:13 PM
skunk...yeah..could be...I've given up on the squiggles...giving me a headache...lol