The corrective wave structure is now approaching 62% retracement.
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| 5 Min |
The bulls closed it above the 20 day SMA. Is the 50 SMA the next target at 2000?
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| 60 Min |
Friday, October 2, 2015
10/2/15 - EOD Update
Short term not quite a flat as previously speculated but more like a double zigzag. Pretty much the same result.
The corrective wave structure is now approaching 62% retracement.
To throw a wrench into the shorter term view is the 60 min chart. The larger flat still looks very viable along with the double bottom formation.
The bulls closed it above the 20 day SMA. Is the 50 SMA the next target at 2000?
The corrective wave structure is now approaching 62% retracement.
The bulls closed it above the 20 day SMA. Is the 50 SMA the next target at 2000?
