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Strategies & Market Trends : Classic TA Workplace
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To: skinowski who wrote (123191)8/22/2005 9:59:08 PM
From: Shack  Read Replies (1) of 209892
 
Yeah but the key element is that we do appear to have completed something of large degree at the 2003 low. At the very least I think its very possible that a corrective up of the same degree is in progress (B wave), or even a fresh impulse.

Near-term the index is in breakout mode of course as mc and others have been tracking more closely than I.
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