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spx analogy


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#1 andr99

andr99

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Posted 07 March 2015 - 02:54 AM

...I was following a while ago is still valid...and yet, if it holds again, it's projecting a target around 2000 spx points, a bounce and a final target around 1950 points, which is where I have the base of a rising channel passing through. So if the question is if the awaited ST spx correction has started, the answer for me is YES. And given that I would like to enter an ST short position in Europe, I hope the European indexes aren' t so stupid to make something different to what America is doing. Monday we'll see...what I'd like to watch is another long black candle in America and a longer black candle in Europe.

Edited by andr99, 07 March 2015 - 03:01 AM.

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