Wednesday, April 23, 2008

US Corrective ABC on 610 Ticks


US: Had a 3 push downswing. The chart illustrates the aBC Corrective Swing up on 610 Tick Chart.
Had a clean 0-A leg. A-B was coil. After coil breakout, one would expect three pushes up and so didthe C leg has 3 pushes up. Market completed an ABC Corrective wave up. So, minimum expectation would be Low of the Swing 115'16.0...

1 comment:

TeamLBR said...

Market retests the Lows...