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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,652.00
(
0.06%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,875.14
(
0.13%
)
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techcharter

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techcharter

Re: Chuck703VA post# 48453

Wednesday, 01/20/2016 7:47:22 PM

Wednesday, January 20, 2016 7:47:22 PM

Post# of 51781
Ending Diagonal fizzled, but...

The middle day snap-back was sharp enough to take some pressure off the downside. I do see a small wave 4-5 to be played out in AAPL, so the rest of the market has to be getting oversold.

One thing is for certain. The amplitudes of short period cycles (even intra-day) has really grown. 2-3% swings in 48 hours is very strong.
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