InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,304.80
(
0.47%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.45
(
0.04%
)
Bitcoin
61,480.32
(
-0.21%
)
Post# of 51804
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

techcharter

Send PM Follow Ignore
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

techcharter

Re: None

Monday, 10/18/2010 6:50:40 AM

Monday, October 18, 2010 6:50:40 AM

Post# of 51804
SPX Futures Lower, But...

Since Thursday 14 October 2010 the SPZ0 (december SPX futures) have traced out a textbook triangle. Look for a sharp rally to the 1180 area today. Since triangles are found at the next to last position in an e-wave, the sharp rally will be the end of a larger degree wave. The rest of the week should have downward bias.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up