thursday thoughts, page-50

volt, maybe no bounce......just the plunge. The DOW looks more like a rising wedge than the descending triangle of the SPX. last 3 nights volume has crept up on the DOW and the wedge was broken to the downside in the last 40 minutes of trade. I think a big spike down tonight on higher volume.....and if the plunge starts now then it may line up better with the 17th for a turn.....

.......but then again thinking outside the square if you are right then maybe this month the 17th could be a high rather than a low as we hit resistance at the top of wedges and triangles and other geometrical objects.