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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
84.31
(
0.34%
)
Bitcoin
62,840.88
(
-0.50%
)
Post# of 51804
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techcharter

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techcharter

Re: techcharter post# 45508

Thursday, 04/21/2011 12:30:20 PM

Thursday, April 21, 2011 12:30:20 PM

Post# of 51804
It's a Giant FLAT

INDU, NDX, SPX, NYA all can be counted as a wave 4 flat from the February 2011 high to present. Wave b of the flat is near an end and allows for the length of wave b to be either longer or shorter than wave a. Look for Wave C to be motive. The media will be yelling "sell in May, and go away" only to have Wave 5 rally into the end of May.

I still am having difficulites counting RUT e-waves. Multiple degrees of 4-5 may be the correct count.
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