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


To: AllansAlias who wrote (651)5/23/2008 10:33:26 AM
From: AllansAlias  Read Replies (2) | Respond to of 3209
 
re: Big moves start with little moves.
(See post I am replying to.)

So, we see some confirmation that this could be the start of our significant down, as we see a putative 5-wave move in SPX off the May highs. Nasdaq has not done this yet (that last wee 5th down), but I expect it will.

Here is the SPX 60min from a couple of minutes ago: