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Thursday, 05/17/2012 9:44:25 AM

Thursday, May 17, 2012 9:44:25 AM

Post# of 51788
SPX - More Wave 1-2 formations

From Yesterday's opening to present, it looks like another smaller degree wave 1 down, followed by wave 2 flat. There are many degrees of wave 1-2 combinations that have formed. Many of the wave 2's are flats, which indicate a very large wave 3 selloff is ahead.

http://charts.insidestocks.com/chart.asp?sym=ESM2&data=Z10&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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