Short Term Trading Member Forum

[techcharter]

SPX ready for Paws

Bear Paws, that is. The rally ealier today fizzled, leaving a zigzag. I would like to see a little more correction at this time. A double zigzag or flat are still in the cards. What gives me "deer in the headlights" is the selloff from today's top was motive, and the end of day trading looks like a completed flat. No conclusions other than uncertainty = play it safe.


http://charts.barchart.com/chart.asp?sym=$inx&data=Z60&date=042207&den=HIGH&divd=n&evnt=ADV&grid=Y&jav=ADV&size=D&sky=N&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