|
PureBytes Links
Trading Reference Links
|
Interesting to see that all of these charts fold nicely into eachother (look
at the dates), the 60min is in a wave 4 rally with wave 5 down to follow,
the daily is in a wave 3 (wave 3 is the 60min chart so building minor 4 of
wave 3 daily), and the weekly is in a wave 5 (wave 5 weekly is the wave 3
daily count).
Also I have shown on a fourth chart an alternative weekly count which shows
it only in wave 3 (since on the first weekly chart the oscillator did not
get to zero for wave 4, meaning it could just be minor 4 of wave 3 not wave
4)?
Irregardless, each pattern folds into the other and would indicate once the
60min wave 4 is complete we head lower potentially.
The "wild" card in all of this is a quick resolution on the war on Terrorism
(Northern Alliance (with backing) regains control of their country from the
Taliban). What is that old expression "the enemy of your enemy, is your
friend"? Anyone see that interview last night of one of their leaders
(Northern Alliance).
------------------------ Yahoo! Groups Sponsor ---------------------~-->
FREE COLLEGE MONEY
CLICK HERE to search
600,000 scholarships!
http://us.click.yahoo.com/ujOgTC/4m7CAA/ySSFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Attachment:
Description: "SPCweek092801Alternative.gif"
Attachment:
Description: "SPCweekly092801.gif"
Attachment:
Description: "SPCday092801.gif"
Attachment:
Description: "SPC60min092801.gif"
|