Friday, 18 February 2011

SPX Daily Chart - 17 Feb 2011

2 comments:

  1. Hi Saxby. Hope you are well.
    Have you done any work with D wave price projections and only trading setup/sequential/combo signals once in the vicinity of the projection?
    I haven't but maybe will take a look.
    Dave

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  2. Hello Dave. On the chart above the two dashed lines grouped tightly together just above 1335 are the D wave price projections for wave 5 based on waves 1 and 3. And so yes, the current exhaustion signals are forming in the vicinity of the end of a D-Wave.

    Hope that helps.

    Saxby

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