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Replies to post #21073 on Mucinno Holding Inc. (MCNO)
10/04/15 12:17 PM
SHORT TERM
If we count Primary IV, ending in August at SPX 1867,
we have the beginning of Primary V
posted on the hourly chart below.
Off the recent SPX 1872 low we now have
a similar type of irregular pattern as
Major waves 1 and 2.
We have a rally to SPX 1917 for the first wave,
then an irregular second wave: 1897-1927-1894.
Another odd pattern, or just more choppy market activity.
The rally off Friday’s SPX 1894 low
was quite impressive
as the market hit 1951 at the close.
Best rally in a couple of weeks.
However, we would have preferred seeing
a clear five waves up
before any sizeable correction.
Not this choppy activity.
SHORT TERM
If we count Primary IV, ending in August at SPX 1867,
we have the beginning of Primary V
posted on the hourly chart below.
Off the recent SPX 1872 low we now have
a similar type of irregular pattern as
Major waves 1 and 2.
SHORT TERM
If we count Primary IV, ending in August at SPX 1867,
we have the beginning of Primary V
posted on the hourly chart below.
Off the recent SPX 1872 low we now have
a similar type of irregular pattern as
Major waves 1 and 2.
SHORT TERM
If we count Primary IV, ending in August at SPX 1867,
we have the beginning of Primary V
posted on the hourly chart below.
Off the recent SPX 1872 low we now have
a similar type of irregular pattern as
Major waves 1 and 2.
AI
