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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,387.25
(
0.22%
)
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techcharter

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techcharter

Re: techcharter post# 44257

Friday, 08/13/2010 8:26:29 AM

Friday, August 13, 2010 8:26:29 AM

Post# of 51804
Bounce May Be Over

The SPX futures closed the gap down at Thursday's open. The double zigzag looks complete. The futures topped out at 1089, slightly less than a 33% retracement of Wednesday and Thursday's selloff. Wait for more reliable set-up / pattern before taking a position long or short.
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