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Post# of 51808
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techcharter

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techcharter

Re: techcharter post# 41388

Monday, 10/12/2009 10:25:47 PM

Monday, October 12, 2009 10:25:47 PM

Post# of 51808
WTIC still topping

The recent rally negates any wave count Wave C Down has started. With all the sloppy trading, I wouldn't be surprised to see and ending diagonal. Market consolidations and turns are surrounded by turbulence; rallies by very long, narrow trend channels. July through present has been very choppy to the upside, so I think it is more of a turn than a consolidation. Consolidations tend to go a little deeper against the trend to corrects.


http://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=1&mn=0&dy=0&id=p19649378131
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