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S&P 500
5,570.64
(
-0.89%
)
US TECH 100
18,994.00
(
0.00%
)
Dow Jones
40,712.78
(
-0.43%
)
Brent Oil
76.79
(
0.25%
)
Bitcoin
61,104.43
(
1.21%
)
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2bit-nothing

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2bit-nothing

Re: blacktruck post# 12973

Wednesday, 08/03/2011 10:11:00 PM

Wednesday, August 03, 2011 10:11:00 PM

Post# of 46542
BT, I am at a lost for waves here. All I know is OEX is 15 points off the norm value of 583 and it must go back. With the help of channels and fibs, there you go, the area of 585 as a target. After that I expect a continuous fall. This is an M formation and is very bearish. It is expected to fulfill the H&S formation eventually.

2xcy
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