Watch 1987 on ndx...that's the spot that we may turn down from to possibly create a right shoulder.
...and a small point....OEX has a bit of overlap I'm suspicious about...it either has to be a 1,2,1,2 start or something is fishy and could be a corrective move of which I have no idea of the form as of yet.
http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=3&dy=21&i=p42691636426&a=89602802&r=1918.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=10&yr=0&mn=0&dy=10&i=p59600756225&a=111082923&r=3889.png
It's 1987! It's 1987!!
Started by
eminimee
, Aug 30 2007 10:49 AM
1 reply to this topic
#1
Posted 30 August 2007 - 10:49 AM
#2
Posted 30 August 2007 - 11:19 AM
if corrective...could be...I agree with Nav...price action if a 3 up...should have just blown through 1467
http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=3&i=p55849053554&a=93322579&r=2443.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=3&i=p55849053554&a=93322579&r=2443.png
Edited by Teaparty, 30 August 2007 - 11:20 AM.