11:30: Impulsive Move to the Downside

April 21st, 2010 at 11:32 am | Tags:

The S&P looks to be tracing out a series of one-two moves to the downside.

This movement would imply that (ii) is finished and we are in the early stages of (iii) down.

Related posts:

  1. Downside Surprise
  2. 10:50: Beginning of Strong Decline
  3. 12:55: Wave 4 Triangle
  4. More Room to the Downside
  5. Downside Surprise

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