Replies to post #36522 on Short Term Trading Member Forum

[techcharter]

Still consolidating. Triangle or Ending Diagonal

From Tuesday's lows I count 5 zigzags where the end of the first and beginning of the last waves overlap. The middle zigzag is not the smallest of the advancing zigzags.

The ABX mortgage bond index continued to sell off despite the 5%+ gain in the INDU this week so far.

Global equity markets are ready for the multiple gap down days to happen.