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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (145645)6/14/2007 3:36:09 PM
From: The Freep  Read Replies (3) of 209892
 
No, it's not OT. It's my fatal flaw -- the lack of annotated charts.

That said, in this case, I thought we'd been pretty clear that we're looking at the wiggles of the move off the high last Monday. And more specifically, the wiggles since the low Friday. What's the move off the low? ABC or 1, 2, and now in 3? (Then we even subdivided the C or 3 into us needing a final up for the v of same). 15, 30, or 60 minute charts all show this on SPX, INDU, OEX, NDX, COMPX, even SMH. None of them, howefer, explain which it is!

Some indices squeezed out a new HOD on that last ramp. Was that the v we were talking about? Just a b of iv of 3/C????? This is why wiggle watching is sometimes strenuous!
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