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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
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(
-0.04%
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techcharter

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techcharter

Re: techcharter post# 48353

Wednesday, 09/09/2015 8:36:25 AM

Wednesday, September 09, 2015 8:36:25 AM

Post# of 51781
Triangle part of Zigzag

The SPX futures show the price has pushed above the upper edge of a triangle. wave c (zag) is under way. Since this correction the past 8-11 days is not a triangle, my alternate count of a series of waves 1-2 of multiple degrees now becomes my preferred count. Downside pressure should become intense over the next 2-3 weeks.
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