Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.27

0.0%

Dec 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (47867)	5/3/2012 12:56:57 PM
From: Johnny Canuck	Read Replies (1) of 69245

Profitable Ideas Each Market Day LAST UPDATE:05/02/12 04:31 PM ET Wednesday's bounce looks like a 4th wave consolidation pattern on the 60-minute all sessions SP-500 chart. The 1st two selling waves forced a 100% retracement of the last rally wave, signaling a bearish first failure. If so, this uptick will fail below 1400 and yield a 5th wave climax to 1380 or so.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next