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Replies to #9464 on S WAVE CHARTS

snootmagruder

02/20/17 6:06 AM

#9466 RE: snootmagruder #9464

Added a note showing the sister wave June 24-27 that dropped 121 points in 10 1 hr candles (less than two full days). I'm looking for some market shocker news soon to fulfill the wave pattern. Yellen has previously (recently) commented that the next rate increase would be considered in March so any shocker news should be other than rate increases. They could possibly announce a plan to sell off bond holdings which was briefly discussed recently, otherwise the shocker news should come from elsewhere.

Rivers 1

02/23/17 2:19 PM

#9469 RE: snootmagruder #9464

Hi Snoot, have you heard that Trump might delay the "Infrastructer Spending" until 2018? X is down over 8% along with other infrastructer related stocks. Could be the catalist for a dip?
http://www.businessinsider.com/trump-reportedly-moving-infrastructure-investment-to-2018-2017-2