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Strategies & Market Trends : Classic TA Workplace
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To: bcrafty who wrote (129812)2/22/2006 11:19:41 AM
From: Shack  Read Replies (2) of 209892
 
Hi bc, it is the one clear sector chart with 3 waves and an overlap off the 2002 low. So if there is a longer-term bullish pattern in play there it hasn't shown itself to me. But who knows, it may just continue to chop higher for years in this cyclical B wave.

The potential I mentioned is more of a short-term call looking for new swing highs, but that is it for now. I think one could grab at minimum 50 SOX points over the next week.
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