When looking at timing Flat pattern's..
C wave should normally be equal in time with A wave or a ratio ext....
When both time and price square out...ie both are 1:1 we get these sharp moves....
In this case 9 120min bars each in time...(1:1) & 33 points in price each (1:1)...:)
Hi Mark,
Like Mu's says we have a few options...
I've had a slightly more bearish stance on the larger degree counts...
Here's a few recent posts to show what i've been leaning with....
Nicely Traded Mu...:)
Sorry for not getting back sooner elo, on that C wave timing question, I've Had cable problems the last few days...
Anyway lookis like the lesser C has finished of the Flat B or 2...
Update on that 120min SPX chart :)
Seems like us TA traders are all seeing the same options :)
looks like Mup's flat idea has either morphed into a w-x-y or even a triangle....The 1:1 is 1400.5 thats the line in the sand I'll use to re-consider things....
120min Globex scribble with both w-x-y or a tri B wave option ....
The Resource footprint on AVG 8 , is the main issue combined with Link Scanner , "Dropdown Notification" and Outlook email problems.
You can tweak it, to disable some of the main features but addition problems seem to appear with browsing speed issues.
Rather than messing about its...