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Post# of 51808
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techcharter

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techcharter

Re: techcharter post# 36510

Sunday, 11/30/2008 6:39:53 PM

Sunday, November 30, 2008 6:39:53 PM

Post# of 51808
Friday's e-wave pattern.

The German Dax met my expectations on Thursday and Friday as far as the ending diagonal e-wave pattern.


I am, once again, finding it difficult to count e-waves in the US markets. The INDU has declining volume on rising index values, which happens in bear market corrections. The VIX looks like it is done consolidating, signalling the market will head lower in the near term.
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