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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (132121)4/25/2006 2:12:21 PM
From: The Freep  Read Replies (4) of 209892
 
MC -- those counts seem possible, but I have some problems with leading up to this new 1 up you've labeled. Maybe it's just that I'm wondering how to count the SPX from early January up til now. A running flat? A v of 1 with a running flat 2? It's months of chop, basically, and I don't know if it's bullish or bearish. The same, of course, is true on the Naz, though I find it a tiny bit clearer (and yeah, maybe we're in a C of 2 or some such).

Anyway, clarity certainly eludes me here....
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