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Strategies & Market Trends : Classic TA Workplace
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To: skinowski who wrote (128457)1/25/2006 5:49:36 PM
From: Shack  Read Replies (2) of 209892
 
I too am completely uncertain as to what to label this down wave. But take a look at the SMH action off the high and you'll see it wedging out beautifully here (30-min). That wedge may sneak in another low (I suspect it will) or may not. Either way it looks like the semis are on the verge of a wave up, at last by "wedge theory".
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