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Strategies & Market Trends : Classic TA Workplace
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To: the-phoenix who wrote (130598)3/12/2006 10:00:21 AM
From: skinowski  Read Replies (1) of 209892
 
worried that what we may have seen the last two days in $SPX was a complete ABC zigzag correction and we could head down hard this week

Yes. And yet, Friday's action set up a possibility that the second impulse up (of the zigzag) may have had a wiggle Flat correction, and may be heading up... which would imply a(n almost) non-wiggle advance. Tomorrow will be interesting in this sense.
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