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S&P 500
5,479.65
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0.88%
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US TECH 100
19,454.80
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1.50%
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Dow Jones
38,778.65
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Post# of 51800
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techcharter

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techcharter

Re: None

Tuesday, 11/09/2004 8:48:54 PM

Tuesday, November 09, 2004 8:48:54 PM

Post# of 51800
FRE and Hang Seng

The near term chart for the Hang Seng is getting pretty toppy: wave 5 of 5 of Zag. This is nearly text book motive wave on the Zig. It's going to be close whether the Zag breaks 14000.

6 month chart

http://stockcharts.com/def/servlet/SC.web?c=$HSI,uu[m,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,...

3yr chart

http://stockcharts.com/def/servlet/SC.web?c=$HSI,uu[w,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,...


FRE: Yes I agree that bullish case is another month forming the ending diagonal. The wave proportionality would be better that way. And who knows, maybe there will be a second ED.
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