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techcharter

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techcharter

Re: None

Monday, 03/24/2008 10:34:11 PM

Monday, March 24, 2008 10:34:11 PM

Post# of 51820
JPM Wave Count

WAVE A zigzag - May '07 high to Jan '08 low.
WAVE B flat - Jan '07 low to present. There may be a little rally left in WAVE B-c, but not safe enough to play.

The beauty of this chart are the diverging channel lines from Aug '07 to March '08 created by WAVE A-b flat, WAVE A-c zag, and WAVE B flat.

WAVE C-a should start any day. The last three 10 week cycles were left translated. Maybe this one will be also.

http://stockcharts.com/h-sc/ui?s=JPM&p=D&yr=1&mn=2&dy=0&id=p47146024708
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