StockCharts Messages Thru 11/30/12

MY CHARTS AT StockCharts.com

WAVE COUNTS & OTHER GOODIES

MARKET MESSAGES

11/30/12 – FRI

There is an alternate downward channel (yellow lines) in the 1st chart.  We touched the 62% retracement point and backed off.  Maybe one more attempt at that level and then we might correct (???).

There is a possible new top channel (white lines) in the 2nd chart.

Is step 1 up hiding in the SP futures (3rd chart)?

Presently the SOX index clearly shows 3 steps up, with the 3rd step up still in force (4th chart).

11-30-12 SP FUTURES 160 MIN BARS

11-30-12 SP FUTURES 160 MIN BARS

11-30-12 SP FUTURES 30 MIN BARS

11-30-12 SP FUTURES 30 MIN BARS

11-30-12 SP FUTURES 10 MIN BARS

11-30-12 SP FUTURES 10 MIN BARS

11-30-12 SOX INDEX 20 MIN BARS

11-30-12 SOX INDEX 20 MIN BARS

All Rights Reserved  © ™

Advertisements
Explore posts in the same categories: UPDATE

Leave A Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s


%d bloggers like this: