FTSE 100 End of Week Review

Posted by Max Andronichuk / / /




Here is an interesting link looking at the 1929 crash.

http://www.gold-eagle.com/editorials_01/seymour062001pv.html


I think today we are somewhere between points 10 and 11 of this bear market.

1 comments:

Rich said... / 28 December 2009 at 13:57  

Max,

A lot of work you're putting in here. It looks like you're learning quickly and will do great. One comment on your EW labeling. A triangle cannot occur in the 2nd wave position. It can only occur in the 'B' or '4th' wave spot, so that might lean you towards your triple zigzag alternate count. I've posted my daily chart, so you can see how I'm tracking the SPX.

Best to your new year!

Rich
http://ew-indextrader.blogspot.com

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