InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,995.99
(
-0.52%
)
Post# of 51808
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

techcharter

Send PM Follow Ignore
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

techcharter

Re: None

Monday, 01/04/2010 11:32:11 PM

Monday, January 04, 2010 11:32:11 PM

Post# of 51808
OIL

The move off the December '09 lows looks like a double zigzag. The overall bear market e-wave count is open for debate: Triangle, double zigzag, or more complex correction. The strength of the December rally also looks a little weaker than the rally off the October '09 lows. Stochastics have been overbought for a few days. A couple more days of choppy rally to a new bear market bounce high before the top is in.

http://stockcharts.com/h-sc/ui?s=$wtic&p=D&yr=0&mn=6&dy=0&id=p75635173805
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up