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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo	3/1/2013 10:15:50 AM
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Market correction now underway consistent with expectation of complex corrective 4..with C/4 down underway from last week's high…Extent of likely decline can be greater if the complex structure turns out to be a double zigzag; lesser, but perhaps more protracted in time, if the complex now being formed should result in a triangular-type pattern… 0.382FIB retrace at 148ish..0.50FIB retrace around 146ish..Overlapping LITS at 146.37..

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