I know you don't love to wave individual issues, but I still think this C chart looks ucky:
stockcharts.com[r,a]dhcayiay[pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J5593496,Y]&pref=G
Today under the 200 day, with the 50 moving down and the 200 flattening. On a wave perspective, was that a big 3 wave move up... or is there a failed fifth in that choppy mess at the top (that I woulda thought should break up). Is today the 5th down of some move off the top? Or is it part of a 3 down?
If oil isn't gonna lead... and financials aren't gonna lead... what is gonna lead? |