Sunday, April 11, 2010

The Tree of Waves

Daily 5 waves off March 09 low.  Below are corresponding lower degree hourly waves - "perfect fit" now ==> 2010-04-10_2329 Daily In short – there are 2 most likely targets before any sizable pullback- Least likely 1226 area and "most likely" 1322 which is about 2x of 666? Hmm..
2010-04-10_2335 H #1 of 1/2 daily 2010-04-10_2336 H #2 of 3/4 daily 2010-04-10_2336_001 H #3 of 5 (+A ?)  on daily

Next lets take a look at the current hourly wave and corresponding sub-waves on 12 min interval

2010-04-10_2336_001 H #3
2010-04-10_2342 12min 1/2 of hourly 2010-04-10_2342_001 12min 3/4 of hourly 2010-04-10_2342_002 12 min 5 (+A?) of hourly

As of Friday $SPX completed bar 8 of possible Sell Setup (and already perfected it)
Daily – bar 8 of Sell Setup (perfected already) + Combo sell few days ago + Countdown 11 2 days ago – getting messy.

If ABC daily will start soon – it will play well with Adam Hamilton's of Zeal "high consolidation" hypothesis

image

Enjoy the rest of your weekend – tomorrow is a new day






blog comments OCCASIONALLY powered by Disqus