http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=3&dy=0&id=p76611673066&a=266398464 It appears that the gamma wave was arrested 3 days ago by the long range day which threatened to blow the market away, then recovered over half the range…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=9&dy=0&id=p70901721466&a=266398464 We now have a recognizable pattern in the SPX. It is the alpha-beta-gamma pattern. (http://www.edwards-magee.com/ggu/alphabetazetawaves.pdf) A close-up: http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=9&dy=0&id=p70901721466&a=266398464 One could quibble with the marking of the waves here. Perhaps…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 In this one chart we see three reactions to sharp sell-offs -- formations we have called alph-beta-gamma-zeta waves. These are proving to have a great deal of mutability. The…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 Readers, investors, traders -- everybody -- is (are) taking a deep breath and nervously looking over his shoulder to see if the Halloween market is gong to serve up…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 As we opined Friday, it appearss that power bar was the start of the b wave. Today appears to be a confirmation of that. It is not impossible…
