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5,841.47
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US TECH 100
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techcharter

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techcharter

Re: pegwatcher post# 25944

Tuesday, 03/20/2007 8:52:59 PM

Tuesday, March 20, 2007 8:52:59 PM

Post# of 51858
Fibonacci Convergence on SPX

Wave 1 to Wave 2 time ratio is near 78%
Wave 2 has retraced nearly 50% of Wave 1

Wave 2c flat is probably going into a 2c4 triangle tomorrow with a sudden wave 2c5 spike to 1415.50 before Wave 3 begins.

The US, European, amd other Asian markets are not confirming the Hang Seng retest of 52 week highs. The rest of the world has gone bearish. The Thailand SETI is set up for a sudden drop.
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