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S&P 500
4,975.02
(
-0.72%
)
US TECH 100
16,655.60
(
-1.66%
)
Dow Jones
37,951.33
(
0.47%
)
Brent Oil
86.71
(
0.34%
)
Bitcoin
64,378.57
(
1.37%
)
Post# of 51769
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techcharter

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techcharter

Re: None

Wednesday, 08/05/2015 8:38:23 PM

Wednesday, August 05, 2015 8:38:23 PM

Post# of 51769
LMT pullback due.

A motive wave from the late June 2015 / early July lows looks complete. Momentum has hit the brakes as wave 1 was the largest and wave 5 is very small. It could be THE top in LMT. I expect the price to drop by at least 10% in a WAVE 4 corrective move, and 66% to 75% if THE top. $50 and $70 are the areas of less degree wave 4's.
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