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techcharter

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techcharter

Re: None

Tuesday, 11/01/2011 6:38:51 AM

Tuesday, November 01, 2011 6:38:51 AM

Post# of 51804
SPX Futures Should Bottom Today

The chart shows a plunge yesterday afternoon. I'm counting that as wave 3-3-3... This would be the halfway point of the wave, so the downside target is 1220-1225 area. The opening should be sharply lower; however, the rest of the morning to be choppy (10 point swings)finding a bottom, then a rally into the close.


http://charts.insidestocks.com/chart.asp?sym=esz1&data=Z60&date=051406&den=HIGH&divd=Y&evnt=ADV&grid=Y&jav=ADV&size=D&sky=Y&sly=N&vol=Y&late=Y&ch1=011&arga=&argb=&argc=&ov1=&argd=&arge=&argf=&ch2=&argg=&argh=&argi=&ov2=&argj=&argk=&argl=&code=BSTKIC&org=stk
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