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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (6146)4/10/2008 10:51:49 AM
From: skinowski  Read Replies (1) | Respond to of 41420
 
Now, it's a wiggle impulse up since the morning's low. The implications are the same - it may still be a correction from yesterday's low. For the bullish case, needs a consolidation, and then a break to new highs.



To: skinowski who wrote (6146)4/10/2008 12:14:56 PM
From: Galirayo  Read Replies (1) | Respond to of 41420
 
SPX .. Here's what I see on SPX.

For the easiest way to look for the lines I'm referring to Look to the Vertical Line dated April 22nd.
You'll see the confluence of 3 lines.
The Green and Red Line are LT Fan Lines.
The Blue is the ST 1x1. Or just look outside the Box to the right side to locate them.

It found support on the LT Green has moved above the overhead ST blue 1x1 .. See if it can hold above it.
The Next R will be on any Horizontal congestion and the LT descending Red Line.
And the 89 MA now at 1381.

If you ignore all the other lines except the 2 LT Red and Green Lines ..
you'll see the triangle it's within now.
It'll make an Important decision as it reaches the Apex.