Thursday, February 11, 2010

S&P500 short-term: Alt Bullish consideration




(Image Source)

S&P500 bounced off the neckline off a H&S. Here's an alternate bullish consideration. We completed Wave A at 1080, and now we have a Triangle B pattern unfolding. If so, we've plotted a-b-c-d, and a small wave e to come, before a big C up, to new highs.

This view will be invalidated if we break SPX 1060 convincingly.

Possible?

148 comments:

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Anonymous said...

As a new person to Indian stock market and investing field, I must say that it's truly great to know that I can count on this blog for great investment advices. I really appreciate the fact that you're for making us know everything what’s happening around. I also thank you on the timing of this article. I also recommend novice like me to read some more articles on free stock tips . And I was just bookmarking this site. Thanks for the great advice sir. Please keep going.

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raja said...

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raja said...

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raja said...

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raja said...

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