InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: denmo83 post# 45570

Monday, 05/16/2011 2:06:23 PM

Monday, May 16, 2011 2:06:23 PM

Post# of 51799
Buy, No Sell, Uhhhh...

I can't believe the triangle lives!!! wave e of the triangle in INDU SPX adn TRAN appears to be an ending diagonal.

NDX is still in Wave 4; however, I'm replacing the triangle count with a double zigzag, AND the count off the March 2011 lows is now and ending diagonal.

INDU is the only US equity market not in an ending diagonal.

Buy for the pop later today and lasting through the rest of the week.

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.