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S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
81.98
(
-0.18%
)
Bitcoin
66,403.74
(
-0.35%
)
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techcharter

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techcharter

Re: chris3403 post# 43986

Wednesday, 07/07/2010 3:08:57 PM

Wednesday, July 07, 2010 3:08:57 PM

Post# of 51799
Major Low On Friday.

I'll agree a low happened. I don't think it is a major one. Right now the SPX is at both time and price fibonacci ratios. Time ratio is 40%, price ratio is 33%. The only thing I'm unsure about is the wave count off of Friday's lows.

Stochastics and MACD have not given buy signals. They lag and tend to give a few false signals before the real one steps forward.
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