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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (165584)3/30/2008 4:35:35 PM
From: Moominoid  Read Replies (1) of 209892
 
From an E-Wave perspective there are a very nice 5 waves up from the 64 level and then an impulse down and a rebound. So I'm expecting the C wave to now play out. It may just be wave 4 in the move up from the 55ish level. But then the next wave up would be 5 of 5 in the move since 1999:

futures.tradingcharts.com

And a much bigger correction could happen then.
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