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

To: Perspective who wrote (9281)11/12/2008 1:57:37 PM
From: Galirayo  Read Replies (1) | Respond to of 41404
 
If it doesn't do a little dance here .. and try to find some type of reasonable Bottoming Formation you might be correct about it already being in the 5th wave down now.

In order for that triangle idea to be correct it will need to find support somewhere here real soon and try for a bounce.

Then by Friday I'd guess it will need to recover the Prior Weekly Candle Bodys near 875 for the Weekly Close. Or it's already in another Leg down.

stockcharts.com



To: Perspective who wrote (9281)11/12/2008 4:04:32 PM
From: Galirayo  Read Replies (1) | Respond to of 41404
 
No definitive Resolution today .. it's still dancing .. in search of E ??

If the last high pivot of 1004 ? was the start of an A of D and A=C then .. the Target for the Pivot would be 844.17 ? Correct?

That's lower that the other bottom pivot of 845.27.


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