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Strategies & Market Trends : Classic TA Workplace
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To: JRI who wrote (2006)5/8/2001 11:56:59 AM
From: Shack  Read Replies (1) of 209892
 
I thought that too JRI. If you ignore the wiggles and check a 15-min chart, it looks like a 3 of the move off the gap high. It also means that the next move here, if it is down, will be the powerful 3 of 3. I also see the possibility that the move off the May 2 high was a large 1, we have been in a corrective 2 since the May 4 low and now we are beginning a 3. This is all inside a larger corrective down wave.
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