SI
SI
discoversearch

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 : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (379)5/4/2008 7:17:00 AM
From: skinowski  Read Replies (2) | Respond to of 3209
 
Can't do a chart right now, gotto run, but if you look at the long term (monthly and weekly) LOG charts of Citibank, it looks that the stock made a great five wave advance from the low of 1990 up to the top in 2000 -- and since then, it seems to be tracing out a huge Flat, in which we may be now in wave 4 of C.

The low of the previous 4th of a lesser degree (low of 1998) is near 15. Interesting.



To: AllansAlias who wrote (379)5/13/2008 8:34:19 PM
From: Perspective  Read Replies (2) | Respond to of 3209
 
Looks like JPM is taking another trip back into the expanding triangle now:



`BC



To: AllansAlias who wrote (379)6/9/2008 1:55:24 PM
From: AllansAlias  Respond to of 3209
 
JPM is draining very hard since its recent high in early May. It is showing the strongest downside momentum since the beginning of the megaphone pattern this past summer.

JPM From May 3:


I make it as falling down out of (EDIT: No, it is just near testing it.) the steep down channel out of that recent May high on this intraday basis.