CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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From: skinowski	10/21/2008 11:00:16 AM
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SPY - on 15 min since 10/16 we have an impulse up, followed by a pullback - and another move to new highs. What is it? An ABC up, or is the baby advance of the past few days part of what will be a larger rally? First support is at today's lows. Critical support is at the low of 10/17 at $93. Below 93 we are off to a deeper test of Oct lows, maybe to new lows. edit - below 93 we may still be "triangulating" in a Wave 4 - but the implication would be the same - more down.

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