Replies to post #47591 on Short Term Trading Member Forum

[techcharter]

Kenl -ED since late 2002

RUT may be ending an ending diagonal (since 2002) with an ending diagonal (since late 2010). Once the ED^2 completes, the index should fall to the 350 area with 18 months. Wave 5 is near the upper trendline.

I "know" markets are near a top just by observing my own mood. When I'm happy, I buy things or dream about starting projects.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Index&symb=rut&time=20&startdate=1%2F4%2F1999&enddate=1%2F4%2F2013&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9&x=43&y=22