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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (25656)6/1/2001 12:44:57 PM
From: JRI  Respond to of 37746
 
Looks to me like we are in the 3 of a c.....COMPX still struggling with 2140...but I figure it will give us one more fake out...get above it....and then fail between 2160-2170....(within gap)..

What's your take on the counts? Anything eliminated?

At 2160-2170, I like the r/r for shorting....getting back above 2200 will take a lot of work....and given we've had (pretty clearly, no?, non-impulsive up the last couple days)...it should be coming to an end soon...it should not have enough to pierce an important level like 2200...and the waves are starting to count out better for the 4 to be coming to an end....

Agreed? Tia..