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techcharter

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techcharter

Re: gettin-smarter post# 33889

Wednesday, 05/14/2008 9:44:12 PM

Wednesday, May 14, 2008 9:44:12 PM

Post# of 51808
Gettin - Triangle

The double zigzag could turn into a triangle if
1.) the rally off the Wave C lows is a zigzag that ends about where the line connecting the beginning of Waves A and C
2.) The short rally pulls back in a zigzag. In a strong market Wave E migh not completely retrace Wave D. This is called truncation. In an exhausted market Wave E will break the trendline connecting the ends of Wave A and C.
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