Professor’s Comments Update 8/28/15

Posted by OMS  at August 28th, 2015

BTW, if you get a chance, you might want to pull up a 10 min chart on the SPY and look at the picture perfect 5 wave pattern that is now completing. Can you count the five waves?

The Chaiken Money Flow has turned negative and the Bands have narrowed. Just waiting for the Aroon to turn negative now.

That’s what I’m doing,

h

Not sure of the terminology we use? Check out these articles

The Hockey Stick Pattern
The Creation of Waves and Trends
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