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techcharter

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techcharter

Re: uncle_chubbie post# 43819

Monday, 06/07/2010 10:47:52 PM

Monday, June 07, 2010 10:47:52 PM

Post# of 51818
Chubbie, Here's Why...

... you did not see a significant down day.

The SPX futures from Friday and today indicate Friday was motive down. Today actually finished that motive wave. The rest of the day was a zigzag correction, followed by another zigzag down. This evening the futures are making a motive rally. This completes a flat pattern correction. Tomorrow you should have your "more significant down day".

How significant? maybe more than 3%


http://charts.insidestocks.com/chart.asp?sym=spm0&data=Z15&date=051406&den=HIGH&divd=Y&evnt=ADV&grid=Y&jav=ADV&size=D&sky=Y&sly=N&vol=Y&late=Y&ch1=011&arga=&argb=&argc=&ov1=&argd=&arge=&argf=&ch2=&argg=&argh=&argi=&ov2=&argj=&argk=&argl=&code=BSTKIC&org=stk
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