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Re: techcharter post# 47064

Thursday, 06/07/2012 11:16:55 PM

Thursday, June 07, 2012 11:16:55 PM

Post# of 51788
SPX Flat Correction nearly done.


The Wave 2 flat count starts on May 23.
Today wave c of Wave 2 flat is nearly complete.
The correction since May 23 has good time proportion with the May selloff.

Regardless of larger degree wave counts, a motive wave has occurred, and a change of direction is expected sooner than later.

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