Replies to post #43936 on Short Term Trading Member Forum

[blacktruck]

The DX will tell us when...




Until then we pong around in a "b" triangle...with a measure of 17 points on the break...(provided we dont flag out)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51776218

[techcharter]

SPX FUTURES DOWN BIGTIME - Rally Over?

If yes, then a wave 3 of 3... drop is in play. The bounce was overcome by much stronger bearish forces than anticipated, wave c of 2 truncated. The futures broke the lows from last week's selloff by 5 points.

If no, then the next best wave count is wave b of wave 2 flat. The bounce is still going. Target of 1092 is possible, but the time to reach it has been pushed to Thursday, a ratio of 1.