InvestorsHub Logo
icon url

techcharter

03/14/11 10:42 PM

#45389 RE: chayaa #45388

Going, Going, .....

It's looking like what I originally thought was the end of the correction last week / beginning of the last rally to test the February highs was a truncation. I can understand the Nikkei would have another huge down day, but the AORD also continues to fall. If the Nikkei, DAX, AORD, FTSE have one more rally, this pullback is disproportional; having broken supportive trendline and dropped more than prior corrections of presumably the sane degree

US futures have nearly erased the the gains from today's lows. The best bullish count is wave c of correction is an ending diagonal or complex wave before one more rally. Otherwise, not looking good at all.