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S&P 500
5,464.62
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-0.16%
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US TECH 100
19,220.00
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-0.20%
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Dow Jones
39,150.33
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techcharter

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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.
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