BuboWaveTrader

consolidation pattern

SP:SPX   The S&P 500 Index
244 5 0
consolidation for bigger move,,, what is your guess? consolidation for the upcide or the downcide?
yes http://www.youtube.com/watch?v=y-Kj8kD6uJY&feature=c4-overview&list=UUdYlcMOUVnm1iOFlg0_1udQ
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You have to admit big rectangles thus wide range are often followed by reversal, a quick flush would not hurt long term upside, look technically good and make it healthier for next year rally. Downside for now
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yes that is my emotion to :) we shall se and we act only on the angles,,,
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upside
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Upside
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