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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?

To: venividivici who wrote (1699)9/2/2006 10:08:50 PM
From: skinowski  Read Replies (1) | Respond to of 2852
 
vvv, this formation can be many things, but it's no triangle -- not according to classic EWP - or, classic TA for that matter. Where did you get your definitions and this way of labeling? Is it Neely's stuff?



To: venividivici who wrote (1699)9/2/2006 11:36:23 PM
From: Moominoid  Read Replies (1) | Respond to of 2852
 
Interesting... b and c are awfully small compared to the rest of it. And what kind of wave is d? That one is a problem for most counts.

Well the whole move doesn't look much like an impulse anyway :) And that in the end is what is going to be important.

If it is an impulse we are completing b of 4 so the next move has to be down.

My model indicators though are signalling a just emerging overbought rally. I think everyone is very confused here.


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