Jul 17, 2014
Update
The triangle is still possible... but I am sceptical:) DJ made its higher high Russell2000 and Europe are looking bad. Last chance to reverse is 1960 where c=a for E of the triangle or we will have failed wave 5 and a double top.
If SP500 moves bellow 1960 we can see a double top. I do not think that the risk is worth to chase longs...
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Hi,
ReplyDeleteSPX broke triangle and going up. New Highs soon. Nice triangle idea workout.
Thx
Yes:)
DeleteI almost gave it up... I was expecting a bounce on Friday but with 20 points this is already wave 5