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techcharter

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techcharter

Re: jglider post# 48655

Thursday, 10/20/2016 9:15:19 PM

Thursday, October 20, 2016 9:15:19 PM

Post# of 51782
Crude Remarks.

I agree. The wave count I'm looking at has a double zigzag counter-trend rally coming out of the early August 2016 lows. connecting the pair of zigzags is a well defined triangle. In the second zigzag, wave b is a little triangle that is also well defined. Today's selling almost retraced the zag of the second zigzag. If the price drops to $49, then odds favor a top being in.
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