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techcharter

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techcharter

Re: None

Monday, 04/23/2012 9:34:58 AM

Monday, April 23, 2012 9:34:58 AM

Post# of 51788
SPX Futures down 15 points - Look for a Bottom

Over the past 10 days the futures have traced out a triangle (Wave B). From last night's top, one more litte drop to the 1350 to 1355 area would complete a motive wave (Wave C). Look for a motive wave that breaks the upper channel of Wave C to go long.

http://charts.insidestocks.com/chart.asp?sym=esm2&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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