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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
64,378.97
(
0.21%
)
Post# of 51804
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techcharter

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techcharter

Re: techcharter post# 45705

Wednesday, 07/20/2011 6:03:07 PM

Wednesday, July 20, 2011 6:03:07 PM

Post# of 51804
SPX 15 to 20 point rally tomorrow.

Today was a wave 2 flat. Since the general theme for the markets this year has been a large topping process, the wave 3 of c starting tomorrow should be shorter that the wave 1 of c started last week and completed this week. Similarly the rally started last week (wave c) should challenge the early July highs, but not be as strong as the rally starting in late June (wave a) and ending in early july.
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