Technical Analysis of Financial Markets

Friday, March 27, 2009

SPX500 Internal Trendline

1 comment:

Anonymous said...

W4 or "abc" correction from from 870-890 area looks fine for my eyes, propably could retrace 38.2 or 50% which would lead it back to 750-770 area.

UsaCad 4 hours chart has build sideways a-b-c-d-e triangle, looks for me to miss some, perhaps truncated fifth blow up - but then there´s certainly one impulse ready.

Happy Eastern,

Market Geometry