28 replies to this topic

[Rogerdodger]

Nav you're very welcome!
RD you don't trust your own chart that called for the 27th?

29th, but who's counting.
But the NYMO can top before price.
http://stockcharts.com/c-sc/sc?s=$NYMO&p=D&yr=0&mn=6&dy=0&i=p48359693054&a=30820282&r=4876.png

[espresso]

Oh 29th, sorry i'm scared now! That chart is a beauty, likewise the last TP chart! Spesi is getting in this hour for eurostox.... Spx will have to wait few more hours...

[rkd80]

Nav what do you define as sell-off by EOD? Rough target or just an inability to close higher? SPX around 911 as I type this..

[zigzag]

A retest of es 894 would be a good pullback for prob long. imho. I will watch for it overnite. A break there and this morning open will be retested to failure. again imho.

[SemiBizz]

SPX still weaker of two indices... for sure. Retest of Nasdaq 1773 2009 Volume and Price high is in play here... SPX doesn't need to test. I"ll wait for Nazzie to do her thing.

[da_cheif]

Welcome back.
Check out Terry's T Update from yesterday.
He says the MCO pattern showed accumulation which should last about as many days as it declined (5 days).
This should give us the "T" top he's predicted for June 1st area.
He then expects a low not much below here as the next "T" will produce a rally through August.

Fart around till June 1. That would be painful !

If we don't selloff by EOD, then SPX 950 area becomes the next logical expectation. I doubt that though. My weekly stuff has already rolled over.

howz da monthly stuff

[NAV]

Welcome back.
Check out Terry's T Update from yesterday.
He says the MCO pattern showed accumulation which should last about as many days as it declined (5 days).
This should give us the "T" top he's predicted for June 1st area.
He then expects a low not much below here as the next "T" will produce a rally through August.

Fart around till June 1. That would be painful !

If we don't selloff by EOD, then SPX 950 area becomes the next logical expectation. I doubt that though. My weekly stuff has already rolled over.

howz da monthly stuff

A close below 872 this month, it would look butt ugly !

[eminimee]

SPX still weaker of two indices... for sure.

Retest of Nasdaq 1773 2009 Volume and Price high is in play here...

SPX doesn't need to test.

I"ll wait for Nazzie to do her thing.

maybe...but not trying to be a broken record...ndx 1417 (or today's high)...maybe it!!

[NAV]

Nav what do you define as sell-off by EOD?

A few red bars into the close on lower timeframe charts.

[SemiBizz]

This market sure looks unhappy to go higher... NOTT !!