InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: None

Tuesday, 03/30/2010 10:32:20 AM

Tuesday, March 30, 2010 10:32:20 AM

Post# of 51804
Ending Diagonal warning INDU SPX NDX

If this wave 5 of the ending diagonal has finished, then there is also truncation, a failure to make a new rally high before the reversal takes place. It looks like a the most the rally has left is a day and 1%. This would coincide nicely with end of quarter window dressing activity.

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.