Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.88

-0.3%

Jan 30 4:00 PM EST

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To: GROUND ZERO™ who wrote (28819)	2/1/2012 10:49:17 AM
From: Chip McVickar	Read Replies (1) of 222735

As you know... these patterns can extend out 7 bars... and with various combinations producing the buy/sell wiggle. Todays high sets up the completion of the 2nd bar... nicely: 1 - combine 1st 2 bars 2 - combine next 3 bars 3 - ??? [6th and/or 7th bars] So if price closes below 1308.20 (futures market) within the next two bars (7 days) the sell wiggle will be in place... fwiw... watching 10:30 and 11:15 est today barchart.com

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