What does your count look like off the march low for OEX? 3 waves up?
I was using 3.68 off of wave 1 length. Assuming the count is to 5.
<I have trouble getting my head around EW... I've said that before>
Posted 27 October 2009 - 01:40 PM
What does your count look like off the march low for OEX? 3 waves up?
Posted 27 October 2009 - 02:02 PM
Posted 27 October 2009 - 02:44 PM
Well...
My 2 cts.
The $BKX is being held up by the "TWIN TOWERS" of support... 2 highest volume highs from last spring.. May 8/11.
43.75/43.80 Highs.
You will note we had EGGGSZACKTLY one close under those numbers lately and rebounded, that was September 2nd, Tested again on October 2nd.
In order to prove it can go lower $BKX must get under that support... and then we have a target of 35.51
Posted 27 October 2009 - 03:00 PM
Well...
My 2 cts.
The $BKX is being held up by the "TWIN TOWERS" of support... 2 highest volume highs from last spring.. May 8/11.
43.75/43.80 Highs.
You will note we had EGGGSZACKTLY one close under those numbers lately and rebounded, that was September 2nd, Tested again on October 2nd.
In order to prove it can go lower $BKX must get under that support... and then we have a target of 35.51
Posted 27 October 2009 - 03:17 PM
Posted 27 October 2009 - 05:33 PM
Well...
My 2 cts.
The $BKX is being held up by the "TWIN TOWERS" of support... 2 highest volume highs from last spring.. May 8/11.
43.75/43.80 Highs.
You will note we had EGGGSZACKTLY one close under those numbers lately and rebounded, that was September 2nd, Tested again on October 2nd.
In order to prove it can go lower $BKX must get under that support... and then we have a target of 35.51
well...I thing we are saying the same thing...did I not give the support number?..
..and by the way..how the hell are you?
Posted 27 October 2009 - 05:49 PM
Posted 27 October 2009 - 06:49 PM
What "IF"...it's just a simple trading range with the 200 day EMA providing snapback support?but "IF" you are one of the few..you would be short from at least 1100 spx
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