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Re: pennies2007 post# 92904

Wednesday, 02/29/2012 11:27:48 PM

Wednesday, February 29, 2012 11:27:48 PM

Post# of 140146
Also any thoughts on the descending triangle there between 1 and 3? I was thinking that the descending triangle right there in the middle between the 1 and the 3 was actually a 4 and the 3 a 5, with that being the end of a semi-major wave 1 with a retrace to the standard .50 being a double top. Either way it goes down, just trying to place the triangle. Usually when I see them they run in multiples seems like, seen as many as 4 or 5 before all headed the same direction.

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