InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
83.25
(
0.58%
)
Bitcoin
64,195.51
(
0.48%
)
Post# of 51778
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

techcharter

Send PM Follow Ignore
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

techcharter

Re: None

Friday, 11/28/2014 11:23:07 AM

Friday, November 28, 2014 11:23:07 AM

Post# of 51778
WMT wave 5 Pop - Go Short!!!

wave 5 approached and turned away from the upper line of resistance formed by the tops of waves 1 and 3. Since the price gapped up at the open, it is difficult to count 5 complete waves coming out of wave 4. Strong gaps such as this indicate wave 5 is nearly complete. With the SPX being in an ending diagonal, and WMT's ewave count at the end of 3 large degrees of trend, now would be a great time to short WMT.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up