Wednesday, July 27, 2011

Update - Unfilled Gap

SPX attempting to close the gap with a corrective b-wave...Corrective triangle action setup for a rally.











Update: No matter which way this is labeled, it looks very bullish. Here as an ABC flat ending in c-wave terminal. Post terminal action is violent...

2 Comments:

Anonymous Anonymous said...

http://pokazywarka.pl/x8f9xj/

Quite similar.. shouldn't the history repeat, as Gann stated ?

3:53 PM  
Anonymous Anonymous said...

unimpressive bounce does not look good

2:52 PM  

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