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 Strategies & Market Trends : E-Wave and TA Workspace

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To: mchjc who wrote (197124)4/2/2012 10:39:54 AM
From: hawkeyefanRead Replies (1) of 203182
 
From the low on the SPX of a week ago, it looks like five waves up into last Tuesday. Then 5 waves down into Thursday's low. Now on a 60 minute chart one might say there has been five waves up.

This can't be, can it? You can't have three five wave moves in a row. Up, down, up ???
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