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Post# of 51787
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techcharter

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techcharter

Re: None

Friday, 06/29/2012 10:44:30 AM

Friday, June 29, 2012 10:44:30 AM

Post# of 51787
New York Stock Exchange E-Waves

The SPX, INDU, RUT, and NDX have been tricky to count e-waves. Out of curiousity, I took a look at the New York Stock Exchange Average. The E-Waves jumped right off the screen.

WAVE 1 May 2011 to October 2011
WAVE 2 October 2011 to April 2012 (truncation)
WAVE 3 - Wave 1 April 2012 to June 2012
WAVE 3 - Wave 2 June 2012 to nearly finished double zigzag, possibly ending next week.

With WAVE 3 - Wave 3 coming into play, this summer should be a bloodbath for US stocks.


http://stockcharts.com/h-sc/ui?s=$NYA&p=D&yr=1&mn=6&dy=0&id=p86476544172
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