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


To: hawkeyefan who wrote (22234)1/11/2016 10:34:53 PM
From: pedro_deleon  Read Replies (1) | Respond to of 41410
 
ZH has a piece out tonight with charts from UBS.
UBS is using a 32mo MA as their bull support line.
Which basically dovetails with a retest of 1867. That must hold for their bullish case.
Their other chart asks if we are repeating 98 p/b, or 00 & 07 tops.
My observation is that 98 Asian Flu slowed a relentless rise stateside per the long MAs.
While most of 15 saw us shifting into stall mode.
They also throw out an EW count, and there's room for their indicators to take one last challenge of the highs, without flipping to a bullish posture.
t.co



To: hawkeyefan who wrote (22234)1/12/2016 7:39:14 AM
From: skinowski  Respond to of 41410
 
For as long as 1867 holds, it may still turn out to be a Triangle. "C" can't travel beyond the end of "A" - unless it's a Widening triangle, which this one wouldn't be.



To: hawkeyefan who wrote (22234)1/12/2016 3:31:04 PM
From: hawkeyefan  Read Replies (1) | Respond to of 41410
 
BIG triangle: Is the C down over? Looking better.

D up really should be a zigzag. Can be a flat. Cannot be a triangle.

Edit: cycle low is still seven days away though. Trading days.