Replies to post #37433 on Short Term Trading Member Forum

[techcharter]

INDU SPX e-Waves Update

Today the smaller degree waves 4 and 5 traced out. The larger degree wave 4 began. The futures look to go a little lower at tomorrow's opening. So a small selloff at the opening should complete the largest degree wave 4, and the final wave 5 of this 2 week rally should begin.

Surprisingly the ABX did not rally more, only about 1.5% This did break a nearly 2 week selloff. Meow!!