Replies to post #46913 on Short Term Trading Member Forum

[techcharter]

SPX Mini vs Open Market

The SPX Minis look like they are still completing wave c of a flat. wave c is an ending diagonal.

The open market is also completing wave c of a flat. wave c is motive; however, wave 5 of c is an ending diagonal.

The markets should make a sharp, but unsustainable, rally to 6 months highs.


http://charts.insidestocks.com/chart.asp?sym=esm2&data=Z60&date=051406&den=HIGH&divd=Y&evnt=ADV&grid=Y&jav=ADV&size=D&sky=Y&sly=N&vol=Y&late=Y&ch1=011&arga=&argb=&argc=&ov1=&argd=&arge=&argf=&ch2=&argg=&argh=&argi=&ov2=&argj=&argk=&argl=&code=BSTKIC&org=stk